FOCUS: IRVINE OAKS EXECUTIVE PARK

Irvine Oaks Executive Park is a one- and two-story office and retail project being built in the Irvine Spectrum business center. Construction has been completed on Phase I, which has 11 office buildings and the Oaks Pavilion, a 10,000-square-foot retail center with restaurants, a dry cleaner and other services. When completed in three phases, the complex will have 20 buildings, ranging in size from 6,250 square feet to 40,325 square feet.

FACTS AND FIGURES

Address: Northwest corner of Alton Parkway and Laguna Canyon Road, Irvine

Developer: Bridgeport Development Co.

Architect: Ware & Malcomb Architects of Irvine

General Contractor: B.H. Miller Construction

Square feet: 319,800

Use: Office and retail

Cost: $50 million

Parking capacity: 4 spaces per 1,000 square feet

Cost per square foot: Lease rates start at $1.55; purchase price at $180

Source: Madeline Zuckerman Public Relations