A weekly look at office and industrial real estate in the county. : FOCUS: LAKEVIEW BUSINESS CENTER
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Phase one of Lakeview Business Center in the Irvine Spectrum contains six single-story, two-story and mezzanine buildings for office, warehouse and manufacturing uses. The project features landscaping with water fountains, rock formations, an amphitheater and seating area. Phase two, completed in February, is 25% leased and is the new headquarters of Wyle Laboratories.
FACTS AND FIGURES Address: Technology Drive and Barranca Parkway, Irvine Developer: Irvine Co. and the O’Donnell Group Architect: Howard Thompson & Associates Broker: O’Donnell Group Square feet: 254,000 in the first phase; 230,000 in the second phase Use: Office, warehouse, assembly/manufacturing Date completed: October, 1989, for first phase; February, 1991, for second Percentage of building leased: 83% (first phase), 25% (second phase) Rental cost per square foot: $0.88 to $1.03
MAJOR TENANTS Square feet State of the Art: 71,000 Birtcher Medical: 68,000 Wyle Laboratories: 57,156 Mossimo: 31,000
Source: InterCommunications Inc.
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