NEWPORT BEACH COMMERCIAL AND INDUSTRIAL REAL ESTATE As of March 31, 1991.

OFFICE BUILDINGS Existing Buildings Number of buildings: 83 Total square feet: 6,089,055 Vacant space: 1,164,293 Vacancy rate: 19.12% Monthly Lease Rates per Square Foot Existing Vacant Office Space Average: $1.78 Low: $1.20 High: $3.25 High-Tech/Research & Development Space Lease price per square foot Average: $0.83 Low: $0.69 High: $0.95 Manufacturing/Warehouse Space Lease price per square foot Average: $0.47 Low: $0.45 High: $0.50 Source: CB Commercial