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MISSION VIEJO COMMERCIAL REAL ESTATE

A weekly look at office and industrial real estate in the county.

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

OFFICE BUILDINGS

Existing Buildings

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Number: 9

Total square feet: 535,891

Vacant space: 72,094

Vacancy rate: 13.45

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Buildings Under Construction

Number: 3

Total square feet: 303,888

Committed space: 101,570

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Committed, percentage of total: 33.42

Monthly Lease Rates Per Square Foot

Existing Vacant Office Space

Average: $1.72

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Low: $1.35

High: $1.80

Space Under Construction

Average: $1.83

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Low: $1.75

High: $1.85

Industrial Space

Square feet, existing and under construction: 79,311

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High Tech/Research & Development Space

Sale price per square foot

Average: $103.33

Low: $100.00

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High: $110.00

Lease price per square foot

Average: $0.78

Low: $0.75

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High: $0.85

Manufacturing/Warehouse Space

Sale price per square foot

None

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Lease price per square foot

Average: $0.74

Low: $0.74

High: $0.74

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Source: Coldwell Banker


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