Commercial Real Estate : A weekly look at office and industrial real estate in the county. : COSTA MESA COMMERCIAL AND INDUSTRIAL REAL ESTATE
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As of March 31, 1991.
OFFICE BUILDINGS
Existing Buildings
Number of buildings: 40
Total square feet: 4,126,905
Vacant space: 1,012,074
Vacancy rate: 24.52%
Monthly Lease Rates per Square Foot
Existing Vacant Office Space
Average: $1.72
Low: $1.00
High: $2.10
High-Tech/Research & Development Space
Sale price per square foot
Average: $114.00
Low: $85.00
High: $143.00
Lease price per square foot
Average: $0.75
Low: $0.45
High: $1.16
Manufacturing/Warehouse Space
Sale price per square foot
Average: $88.57
Low: $79.00
High: $108.86
Lease price per square foot
Average: $0.52
Low: $0.38
High: $0.70
Source: CB Commercial
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