A weekly look at office and industrial real estate in the county. : NEWPORT BEACH COMMERCIAL AND INDUSTRIAL REAL ESTATE
As of March 31, 1990.
OFFICE BUILDINGS
Existing Buildings
Number 84 Total square feet 6,103,749 Vacant space 971,242 Vacancy rate 15.91
Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average $1.94 Low $1.00 High $3.25
Space Under Construction
Average $1.70 Low $1.70 High $1.70
Source: Coldwell Banker TRENDS: BUILDING PERMITS COUNTYWIDE RESIDENTIAL BUILDING PERMITS BY MONTH, 1989-90
(Dollar amounts are in $1,000s)
Year to Date June ’90 May ’90 June ’89 1990 1989 Residential $198,801 $127,231 $196,597 $849,903 $1,112,740 Industrial $12,261 $10,514 $12,832 $52,772 $49,965 Office $36,312 $38,326 $9,915 $144,359 $188,997 Retail $27,536 $15,828 $27,362 $114,631 $102,675
Source: Construction Industry Research Board
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