A weekly look at office and industrial real estate in the county. : FOCUS: GRIFFIN TOWERS
With more than 550,000 square feet of rentable space, Griffin Towers is one of Orange County’s largest office complexes. Part of the Hutton Centre complex in Santa Ana, Griffin Towers has twin granite towers connected by a 3-story pavilion. The first phase was completed in March, 1987, and the second phase is scheduled for completion next spring.
FACTS AND FIGURES
Address: 5 Hutton Centre Drive, Santa Ana Developer: Metro Associates Architect: The Nadel Partnership Inc., Los Angeles Primary Contractor: McCarthy Western Constructors Broker: Coldwell Banker Financing: Home Savings of America Number of floors: 12 Square feet: 563,556 Use: Office Cost (land and building): $125 million Percentage of building leased: 95% in Phase I Parking capacity: 1,076 in Phase I Rental cost per square foot: $2 to $2.35 MAJOR TENANTS: Square feet Unisys: 150,000 MCI Communications: 22,000 Haight Dickson Brown & Bonesteel: 11,000 American Bankers Insurance: 6,946 Source: Coldwell Banker
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