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Spotlight /Commercial Real Estate

A weekly look at office and industrial real estate in the county. : FOCUS: SECURITY PACIFIC PLAZA

June 23, 1989

Security Pacific Plaza, in South Coast Metro Center, serves as the new Orange County regional headquarters for Security Pacific Corp. The building, which opened June 13, consolidates many of the company's Orange County business operations. In addition, it contains a 9,000-square-foot art gallery on the ground floor, open to the public.

FACTS AND FIGURES

Address: 555 Anton Blvd., Costa Mesa Developer: Transpacific Development Co. Architect: Gin Wong Associates Primary Contractor: Turner Construction for the base building, Inner Space Construction for interior work Financing: Security Pacific National Bank, Real Estate Industries Group Number of floors: 12 Square feet: 248,000 Use: Office Date completed: June, 1989 Percentage of building leased: 100%--Master leased by Security Pacific National Bank Parking capacity: 854 Source: Security Pacific Corp. FO

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