MISSION VIEJO COMMERCIAL REAL ESTATE
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A weekly look at office and industrial real estate in the county.
A look at commercial real estate data in an Orange County community as of Sept. 30, 1988.
OFFICE BUILDINGS
Existing Buildings
Number: 9
Total square feet: 535,891
Vacant space: 72,094
Vacancy rate: 13.45
Buildings Under Construction
Number: 3
Total square feet: 303,888
Committed space: 101,570
Committed, percentage of total: 33.42
Monthly Lease Rates Per Square Foot
Existing Vacant Office Space
Average: $1.72
Low: $1.35
High: $1.80
Space Under Construction
Average: $1.83
Low: $1.75
High: $1.85
Industrial Space
Square feet, existing and under construction: 79,311
High Tech/Research & Development Space
Sale price per square foot
Average: $103.33
Low: $100.00
High: $110.00
Lease price per square foot
Average: $0.78
Low: $0.75
High: $0.85
Manufacturing/Warehouse Space
Sale price per square foot
None
Lease price per square foot
Average: $0.74
Low: $0.74
High: $0.74
Source: Coldwell Banker
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