FOCUS: DOWNEY SAVINGS BUILDING

L.A. Times Archives

Jan. 27, 1989 12 AM PT

This building was the headquarters of Downey Savings & Loan from 1978 until the financial institution relocated to Bayview Corporate Center in Newport Beach last year. Downey still maintains 42,000 square feet of space in the building, which was designed by the architectural firm of Langdon Wilson & Mumper. Downey sold the building in 1984 to Travelers Insurance Co., Hartford, Conn.

FACTS AND FIGURES

Address: 3200 Bristol St., Costa Mesa

Developer: Downey Savings

Broker: Grubb & Ellis Co.

Financing: Downey Savings

Number of floors: 8

Square feet: 118,000

Use: Office

Cost (land and building): $28 million

Percentage of building leased: 58%

Parking capacity: 350

Rental cost per square foot: $1.55