Commercial Real Estate : A weekly look at office and industrial real estate in the county. : IRVINE COMMERCIAL AND INDUSTRIAL REAL ESTATE
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As of Sept. 30, 1990.
OFFICE BUILDINGS
Existing Buildings
Number: 162 Total square feet: 13,782,489 Vacant space: 2,844,736 Vacancy rate: 20.64 Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average: $1.82 Low: $1.10 High: $2.55 High Tech/Research & Development Space
Sale price per square foot
Average: $125.15
Low: $85.76
High: $140.00
Lease price per square foot
Average: $0.83
Low: $0.42
High: $1.20
Manufacturing/Warehouse Space
Sale price per square foot
Average: $88.54
Low: $55.00
High: $125.00
Lease price per square foot
Average: $0.62
Low: $0.39
High: $0.95
Source: Coldwell Banker
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