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A weekly look at commercial real estate data in Orange County community as of Sept. 30, 1988. : FOCUS: TOWER 17

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Tower 17 is one of 12 buildings in the 50-acre Douglas Plaza, across MacArthur Boulevard from John Wayne Airport. The business complex includes the Registry Hotel, Chanteclair and Hof’s Hut restaurants, a retail center, and several office buildings. Plans call for residential condominiums and more high-rise offices.

FACTS AND FIGURES Address: 18881 Von Karman Ave., Irvine Developer: McDonnell Douglas Realty Co. Architect: Nadel Partnership Primary Contractor: Saffel & McAdam/McCarthy Construction Broker: Coldwell Banker Commercial Real Estate Services Number of floors: 17 Square feet: 238,000 Use: Office Cost (land and building): $35 million Date completed: June, 1987 Percentage of building leased: 73% Parking capacity: 928 Rental cost per square foot: $1.67-$2.43 MAJOR TENANTS: Square feet Pettis Tester Kruse & Krinsky: 26,520 Equitable Life Assurance Society: 20,257 Mytel Inc.: 13,260 Source: Coldwell Banker

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