Real Estate Trends

Major Lease Transactions

(In Los Angeles County in 1997)

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Tenant Address Square feet Prudential Health Care 1200 W. 7th St., L.A. 295,868 City of Los Angeles 201/221 N. Figueroa St., L.A. 286,000 Metropolitan Transit Authority 818 W. 7th St., L.A. 79,116 Jacobs Engineering 1111 S. Arroyo Pkwy., Pasadena 74,000 Dames & Moore 911 Wilshire Blvd., L.A. 66,923 California Endowment 21650 Oxnard St., Woodland Hills 48,922 S. Calif. Assn. of Govts. 818 W. 7th St., L.A. 46,300 Saban Entertainment 10960 Wilshire Blvd., Westwood 35,252 Continental Casualty 21650 Oxnard St., Ins. Woodland Hills 34080 Kaiser Permanente 74 N. Pasadena Ave., Pasadena 28,621 Samra University 3000 S. Robertson Blvd., L.A. 26,400 First Colony Capital Mort. 11812 W. San Vicente Blvd., L.A. 26,100 Paramount Group 3550 Wilshire Blvd., L.A. 23,950 Chase Manhattan Bank 300 S. Grand Ave., L.A. 23,093 Sulmeyer, Kupetz, 300 S. Grand Ave., L.A. 22,955 Baumann & Rothman Executive Fitness Ctr 888 S. Figueroa Blvd., L.A. 22,459 Steptoe & Johnson 633 W. 5th St., L.A. 22,309

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Industrial Market Indicators

(By county, for September)

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Inland San L.A. Orange Empire Diego Ventura Direct space for rent* 62.01 18.20 16.50 9.60 3.82 Space being built* 8.60 2.60 3.50 3.80 1.02 Total industrial space* 934.03 232.10 182.10 134.40 50.35 Vacancy rate 6.6% 7.83% 9.07% 7.20% 7.75% Asking rent** NA $0.56 NA $0.66 NA

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*Millions of square feet

**Per square foot per month; excludes research and development space.

Sources: Julien J. Studley, CB Commercial