Orange County’s retail market is on fire. The first quarter closed with strong absorption—more than 124,000 square feet—and 1.3% rent growth to an average of $2.33 per square foot, according to the first quarter retail report from CBRE. The market had strong retail activity at the end of 2017 as well, and the momentum has kept through the start of the year. A healthy economy is driving the retail activity in the market, which is so strong that even the shuttering of Toys R Us, is expected to have minimal impact.