A weekly look at office and industrial real estate in the county. : NEWPORT BEACH COMMERCIAL AND INDUSTRIAL REAL ESTATE

As of Dec. 31, 1989. OFFICE BUILDINGS Existing Buildings Number: 87 Total square feet: 6,014,570 Vacant space: 1,061,022 Vacancy rate: 17.64 Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average: $1.93 Low: $1.25 High: $3.25 Space Under Construction Average: $2.35 Low: $2.05 High: $2.65 High Tech/Research & Development Space Sale price per square foot Average: $107.00 Low: $107.00 High: $107.00 Lease price per square foot Average: $0.79 Low: $0.79 High: $0.79 Source: Coldwell Banker