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A weekly look at office and industrial real estate in the county. : MISSION VIEJO COMMERCIAL REAL ESTATE

A look at commercial real estate data in an Orange County community as of June 30, 1988.

OFFICE BUILDINGS

Existing Buildings Number of buildings 8 Total square feet 475,891 Vacant space 42,107 Vacancy rate 8.85 Buildings Under Construction Number of buildings 4 Total square feet 305,564 Committed space 52,782 Committed, percentage of total 17.27 Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average $1.70 Low $1.35 High $1.80 Space Under Construction Average $1.81 Low $1.65 High $1.85 Industrial Space Square feet, existing and under construction 64,433 High Tech/Research & Development Space Sale price per square foot Average -- Low -- High -- Lease price per square foot Average $0.85 Low $0.85 High $0.85 Manufacturing/Warehouse Space Sale price per square foot Average $97.00 Low $94.00 High $100.00 Lease price per square foot Average $0.75 Low $0.74 High $0.75 Source: Coldwell Banker


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