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Commercial Real Estate : FOCUS: 17 CORPORATE PLAZA

SPOTLIGHT

March 20, 1992

17 Corporate Plaza overlooks Catalina Island and the Pacific Ocean from its Newport Center location. Its features include extensive landscaping and proximity to Fashion Island. FACTS AND FIGURES Address: 17 Corporate Plaza, Newport Beach Owner: Teachers Management Inc. Broker: Scher-Voit Commercial Brokerage Company, Inc. Number of floors: 2 Square feet: 22,000 Use: Professional office Last renovated: 1991 Sale price per square foot: $0.73 Lease rate per square foot: $1.60 MAJOR TENANTS / Square feet Home Savings of America: 6,800 George Elkins Co.: 2,700

Source: Scher-Voit Commercial Brokerage Co. Inc.

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