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A weekly look at office and industrial real estate in the county.

SPOTLIGHT / Commercial Real Estate

January 26, 1990

ORANGE COMMERCIAL AND INDUSTRIAL REAL ESTATE As of Dec. 31, 1989. OFFICE BUILDINGS Existing Buildings Number: 46 Total square feet: 5,037,862 Vacant space: 993,491 Vacancy rate: 19.72 : Monthly Lease Rates Per Square Foot Existing Vacant Office Space Average: $1.67 Low: $1.00 High: $2.25 Space Under Construction Average: NA Low: NA High: NA High-Tech/Research & Development Space Sale price per square foot Average: $105.78 Low: $89.98 High: $133.70 Lease price per square foot Average: $0.75 Low: $0.70 High: $0.80 Manufacturing/Warehouse Space Sale price per square foot Average: $64.35 Low: $41.98 High: $81.10 Lease price per square foot Average: $0.45Low: $0.35 High: $0.55 Source: Coldwell Banker:

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