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 Dec. 31, 1990.
OFFICE BUILDINGS
Existing Buildings
Total square feet: 13,600,364
Vacant space: 3,044,654
Vacancy rate: 22.39%
Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average: $1.81
Low: $1.00
High: $2.55
High-Tech/Research & Development Space
Sale price per square foot
Average: $123.28
Low: $86.37
High: $210.00
Lease price per square foot
Average: $0.81
Low: $0.49
High: $1.10
Manufacturing/Warehouse Space
Sale price per square foot
Average: $90.30
Low: $55.00
High: $125.00
Lease price per square foot
Average: $0.61
Low: $0.39
High: $1.00
Source: Coldwell Banker
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