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Commercial Real Estate : A weekly look at office and industrial real estate in the county. : COSTA MESA COMMERCIAL AND INDUSTRIAL REAL ESTATE

As of March 31, 1991.

OFFICE BUILDINGS

Existing Buildings

Number of buildings: 40

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Total square feet: 4,126,905

Vacant space: 1,012,074

Vacancy rate: 24.52%

Monthly Lease Rates per Square Foot

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Existing Vacant Office Space

Average: $1.72

Low: $1.00

High: $2.10

High-Tech/Research & Development Space

Sale price per square foot

Average: $114.00

Low: $85.00

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High: $143.00

Lease price per square foot

Average: $0.75

Low: $0.45

High: $1.16

Manufacturing/Warehouse Space

Sale price per square foot

Average: $88.57

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Low: $79.00

High: $108.86

Lease price per square foot

Average: $0.52

Low: $0.38

High: $0.70

Source: CB Commercial


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