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

A look at commercial real estate data in an Orange County community as of March 31, 1989.

OFFICE BUILDINGS

Existing Buildings

Number 134 Total square feet 10,711,497 Vacant space 2,539,655 Vacancy rate 23.71% Buildings Under Construction

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Number 11 Total square feet 1,488,764 Committed space 222,242 Committed, percentage of total 14.93% Monthly Lease Rates Per Square Foot

Existing Vacant Office Space

Average $1.79 Low $0.79 High $3.60 Space Under Construction

Average $2.05 Low $1.85 High $2.50 Industrial Space

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Square feet, existing and under construction 5,326,442 High Tech/Research & Development Space

Sale price per square foot

Average $96.45 Low $70.04 High $143.45 Lease price per square foot

Average $0.84 Low $0.45 High $1.20 Manufacturing/Warehouse Space

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Sale price per square foot

Average $102.63 Low $95.00 High $109.50 Lease price per square foot

Average $0.61 Low $0.42 High $0.85 Source: Coldwell Banker


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