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A weekly look at office and industrial real estate in the county. : IRVINE COMMERCIAL REAL ESTATE

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A look at commercial real estate data in an Orange County community as of Sept. 30, 1988.

OFFICE BUILDINGS Existing Buildings Number of buildings: 131 Total square feet: 9,672,448 Vacant space: 2,164,069 Vacancy rate: 22.37 Buildings Under Construction Number of buildings: 14 Total square feet: 2,528,270 Committed space: 441,215 Committed, percentage of total: 17.45 Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average: $1.91 Low: $1.25 High: $3.60 Space Under Construction Average: $2.08 Low: $1.85 High: $2.50 Industrial Space Square feet, existing and under construction: 4,874,919 High Tech/Research & Development Space Sale price per square foot Average: $102.57 Low: $70.04 High: $156.25 Lease price per square foot Average: $0.80 Low: $0.45 High: $1.30 Manufacturing/Warehouse Space Sale price per square foot Average: $107.43 Low: $100.00 High: $112.00 Lease price per square foot Average: $0.60 Low: $0.40 High: $0.80 Source: Coldwell Banker

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