Commercial Real Estate : A weekly look at office and industrial real estate in the county. : IRVINE COMMERCIAL AND INDUSTRIAL REAL ESTATE

As of Dec. 31, 1989. OFFICE BUILDINGS Existing Buildings Number: 150 Total square feet: 12,068,451 Vacant space: 2,519,208 Vacancy rate: 20.87 Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average: $1.84 Low: $1.10 High: $2.55 Space Under Construction Average: $1.97 Low: $1.70 High: $2.50 High Tech/Research & Development Space Sale price per square foot Average: $107.12 Low: $71.00 High: $148.00 Lease price per square foot Average: $0.84 Low: $0.45 High: $1.20 Manufacturing/Warehouse Space Sale price per square foot Average: $99.33 Low: $85.00 High: $128.00 Lease price per square foot Average: $0.61 Low: $0.42 High: $1.15 Source: Coldwell Banker