Commercial Real Estate : A weekly look at office and industrial real estate in the county. : BREA COMMERCIAL AND INDUSTRIAL REAL ESTATE (As of March 31, 1991)

L.A. Times Archives

Nov. 1, 1991 12 AM PT

OFFICE BUILDINGS

Existing Buildings Number of buildings: 23 Total square feet: 1,545,889 Vacant space: 413,415 Vacancy rate: 26.74%

Monthly Lease Rates per Square Foot

Existing Vacant Office Space Average: $1.46 Low: $1.20 High: $2.00

High-Tech/Research & Development Space

Sale price per square foot Average: $87.38 Low: $87.08 High: $91.67

Lease price per square foot Average: $0.79 Low: $0.39 High: $1.35

Manufacturing/Warehouse Space

Sale price per square foot Average: $69.52 Low: $57.50 High: $79.79

Lease price per square foot Average: $0.43 Low: $0.35 High: $0.58

Source: CB Commercial