Commercial Real Estate : A weekly look at office and industrial real estate in the county. : FOCUS: TWO TOWN CENTER
Two Town Center, a mixed-use complex in South Coast Metro, consists of two 15-story office towers and ancillary buildings that total 686,000 square feet. The complex--which is within walking distance of South Coast Plaza, South Coast Repertory and the Orange County Performing Arts Center, is also the site of the California Scenario, a sculpture garden created by artist Isamu Naguchi.
FACTS AND FIGURES Address: 611 Anton Blvd., Costa Mesa Developer: C.J. Segerstrom & Sons and the Prudential Insurance Co. of America Architect: Albert C. Martin & Associates Primary Contractor: Peck Jones Broker: Security Pacific Frost Trinen Number of floors: 15 Square feet: 686,000 Use: Office, restaurants and support retail Cost (land and building): $60 million Date completed: 1981 Percentage of building leased: 89% Parking capacity: 2,400 Rental cost per square foot: $1.80 MAJOR TENANTS IBM: 104,427 Square feet Rutan & Tucker: 94,917 Square feet Prudential Real Estate Affiliates: 48,766 Square feet Ernst & Young: 47,485 Square feet Drummy Garrett King & Harrison: 38,144 Square feet Source: Doug Strode, South Coast Plaza Town Center
