A weekly look at office and industrial real estate in the county. : FOCUS: 18301 VON KARMAN AVE. BUILDING
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Construction began in August on this 11-story office tower in the southwestern sector of Koll Center Irvine. It will duplicate the look of the adjacent Transamerica Building, which was completed four years ago. The 234,500-square-foot building is a joint venture of the Koll Co. and the Zenitaka Corp. of Osaka, Japan, which acquired joint-venture rights from Transamerica Occidental Life Insurance Cos. Completion of the building is scheduled for next year.
FACTS AND FIGURES
Address: 18301 Von Karman Ave., Irvine Developer: Joint venture of Koll Co. and partnerships affiliated with the Zenitaka Corp. of Japan Architect: Gensler & Associates, Irvine Primary General Contractor: Zenitaka America Corp. General Contractor: Koll Construction Financing: Sumitomo Bank, Ltd., Los Angeles branch Number of floors: 11 Square feet: 234,500 Use: Office Cost: $50 million Scheduled completion date: 1990 Parking capacity: 4 per 1,000 sq. ft. Source: Martin Brower & Associates
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