FOCUS: BARRANCA COURT
Barranca Court, completed last September, is more than 62% leased. The two buildings, each three stories tall, contain a total of 102,000 square feet. According to Hawthorne Development Co., the project was responsible for almost one-third of the total office absorption in Irvine Center during the first quarter of 1990, with 30,000 square feet leased during that time.
FACTS AND FIGURES
Address: Nos. 4 and 6 Venture, Irvine Center in Irvine Spectrum
Developer: Joint venture of Hawthorne Development Co. and Lusk Co.
Architect: Strock Architects, Newport Beach
Primary contractor: Lusk Construction
Leasing agent: Coldwell Banker, Laguna Hills
Number of floors: 3
Square feet: 102,000:
Use: Office
Cost: $20 million
Date completed: September, 1989
Percentage of building leased: 62%
Parking capacity: 470
Rental cost per square foot: $1.85
MAJOR TENANTS
Square feet
CEO Executive Suites: 14,717
Morse Consulting Group: 14,541
Black & Veatch consulting engineers: 7,866
Azimuth: 4,232
Source: LaBossiere and Associates , Laguna Beach
