FOCUS: LAKE FOREST BUSINESS CENTER

Lake Forest Business Center, at the interchange of the San Diego and Santa Ana freeways, consists of 28 one- and two-story buildings. The majority owner of the business park is Burnham USA Equities, which is selling the individual leased buildings to the investment community. The project, built in 1980, is 89% leased.

FACTS AND FIGURES

Address: 23661-23736 Birtcher Drive

Owner/Manager: Henry Durkee, Burnham USA Equities

Financing: Sanwa Bank

Number of floors: Single- and two-story

Square feet: 117,000

Use: Office

Value (land and building): $18 million

Percentage of buildings leased: 89%

Parking capacity: 470

Rental cost per square foot: $1.35

MAJOR TENANTS

Square feet

Professional Community Management: 9,408

Pekarek Crandell Inc.: 4,992

Westrend Homes: 3,856

American Realty Investments: 3,408

Source: Amies Marketing Inc.