A weekly look at office and industrial real estate in the county. : FOCUS: TISHMAN EXECUTIVE TOWERS
The first of the complex’s twin towers was completed early last year and construction on the second is expected to begin at the end of 1989. The complex has a health club for tenants and an underground tunnel connecting the towers to the parking garage. Marie Callender’s A La Carte restaurant is scheduled to open next week on the ground level.
FACTS AND FIGURES
Address: 1100 Town and Country Road, Orange
Developer: Tishman Realty & Construction Co. Inc. and Executive Life Insurance Co.
Architect: Nadel Partnership Inc., Los Angeles
Primary Contractor: Tishman Construction Corp.
Broker: TRACCO Management Corp.
Financing: Bank of America, Security Pacific and Canadian Imperial
Number of floors: Two 16-story towers
Square feet: 750,000 when completed
Use: Office
Cost (land and building): $100 million
Percentage of building leased: 70% of the first tower
Projected rental cost per square foot: NA
MAJOR TENANTS: Square feet
National Healthcare & Hospital Supply Corp.: 35,000
Kraft Inc.: 22,000
P&D; Technologies Inc.: 22,000
Marie Callender Ventures Inc. (corporate offices): 16,000
Source: Tishman Realty
