FOCUS: DOWNEY SAVINGS BUILDING
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This building was the headquarters of Downey Savings & Loan from 1978 until the financial institution relocated to Bayview Corporate Center in Newport Beach last year. Downey still maintains 42,000 square feet of space in the building, which was designed by the architectural firm of Langdon Wilson & Mumper. Downey sold the building in 1984 to Travelers Insurance Co., Hartford, Conn.
FACTS AND FIGURES
Address: 3200 Bristol St., Costa Mesa
Developer: Downey Savings
Broker: Grubb & Ellis Co.
Financing: Downey Savings
Number of floors: 8
Square feet: 118,000
Use: Office
Cost (land and building): $28 million
Percentage of building leased: 58%
Parking capacity: 350
Rental cost per square foot: $1.55
MAJOR TENANTS
Downey Savings & Loan: 42,000 Square feet
American Express: 4,500 Square feet
Source: Grubb & Ellis
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