Commercial Real Estate : A weekly look at office and industrial real estate in the county. : IRVINE COMMERCIAL AND INDUSTRIAL REAL ESTATE
As of Sept. 30, 1989.
OFFICE BUILDINGS
Existing Buildings
Number: 138 Total square feet: 11,000,005 Vacant space: 2,105,627 Vacancy rate: 19.10% Buildings Under Construction (Airport Area)
Number: 16 Total square feet: 1,653,500 Committed space: 263,762 Committed, percentage of total: 16% Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average: $1.84 Low: $1.10 High: $2.25 Space Under Construction
Average: $1.92 Low: $1.70 High: $2.10 Source: Coldwell Banker
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