FOCUS: TOKAI BANK BUILDING

GRC Restaurants Inc., which owns and operates Coco’s, Charley Brown’s and Reuben’s restaurants, will move its corporate office to Irvine’s Tokai Bank building in May after a $2-million renovation. The 14-year-old building was recently purchased for $7 million by Burke Commercial Development and its investment affiliate, Cornerstone Partners Inc. from Claremont Enterprises Inc., a subsidiary of the National Bank of Canada. Tokai Bank and Bowne of Los Angeles, a financial printer, will occupy the ground floor.

FACTS AND FIGURES

Address: 18831 Von Karman Ave., Irvine

Original architect: William Pereira, Newport Beach

Renovation architect: Reel Grobman & Associates for the interior; William E. Skinner & Associates for the exterior

General Contractor: Gentosi Brothers (for the renovation)

Number of floors: 4

Square feet: 68,000

Use: Office

Date completed: 1978

Percentage of building leased: 100%

Parking capacity: 278 spaces

MAJOR TENANTS: Square feet

GRC Restaurants: 54,000

Tokai Bank of California: 7,500

Bowne of Los Angeles: 6,500

Source: Burke Commercial Development