A weekly look at office and industrial real estate in the county.
IRVINE COMMERCIAL AND INDUSTRIAL REAL ESTATE
As of March 31, 1990.
OFFICE BUILDINGS
Existing Buildings
Number: 133
Total square feet: 11,727,420
Vacant space: 1,883,986
Vacancy rate: 16.06%
Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average: $1.81
Low: $1.00
High: $2.55
Space Under Construction
Average: $2.00
Low: $1.70
High: $2.50
High-Tech/Research & Development Space
Sale price per square foot
Average: $119.06
Low: $86.00
High: $150.00
Lease price per square foot
Average: $0.84
Low: $0.45
High: $1.20
Manufacturing/Warehouse Space
Sale price per square foot
Average: $98.49
Low: $85.00
High: $128.00
Lease price per square foot
Average: $0.64
Low: $0.42
High: $1.15
Source: Coldwell Banker
