A weekly look at office and industrial real estate in the county. : IRVINE COMMERCIAL REAL ESTATE
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A look at commercial real estate data in an Orange County community as of March 31, 1989.
OFFICE BUILDINGS
Existing Buildings
Number 134 Total square feet 10,711,497 Vacant space 2,539,655 Vacancy rate 23.71% Buildings Under Construction
Number 11 Total square feet 1,488,764 Committed space 222,242 Committed, percentage of total 14.93% Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average $1.79 Low $0.79 High $3.60 Space Under Construction
Average $2.05 Low $1.85 High $2.50 Industrial Space
Square feet, existing and under construction 5,326,442 High Tech/Research & Development Space
Sale price per square foot
Average $96.45 Low $70.04 High $143.45 Lease price per square foot
Average $0.84 Low $0.45 High $1.20 Manufacturing/Warehouse Space
Sale price per square foot
Average $102.63 Low $95.00 High $109.50 Lease price per square foot
Average $0.61 Low $0.42 High $0.85 Source: Coldwell Banker
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