Commercial Real Estate : A weekly look at office and industrial real estate in the county. : FOCUS: EAST HILLS OFFICE PARK
With recent tenant signings, the first building of Hillman Properties’ East Hills Office Park in Anaheim Hills is now 82% leased. Plans call for construction of a second three-story, 70,000-square-foot building to begin as early as mid-1992.
FACTS AND FIGURES Address: 150 N. Riverview Drive, Anaheim Hills Developer: Hillman Properties, Newport Beach Architect: Howard F. Thompson & Associates, Inc., Irvine General Contractor: Auerbach, Los Angeles Leasing Agent: Cushman & Wakefield, Anaheim Financing: Chase Manhattan Bank, Los Angeles Number of floors: 3 Square feet: 60,000 Use: Office Value (land and building): $11.5 million Date completed: 1988 (first building) Percentage of building leased: 80% Parking capacity: 4 spaces per 1,000 square feet Rental cost per square foot: $1.65
MAJOR TENANTS Square feet Kaufman & Broad: 19,935 Republic Development Co.: 5,493 United International Investigative Services: 3,054 Interstate Specialty Marketing: 2,577
Source: Amies Marketing Inc.
