Commercial Real Estate : A weekly look at office and industrial real estate in the county. : GARDEN GROVE COMMERCIAL AND INDUSTRIAL REAL ESTATE
As of March 31, 1991
OFFICE BUILDINGS
Existing Buildings
Number of buildings: 8
Total square feet: 804,366
Vacant space: 85,029
Vacancy rate: 10.57%
Monthly Lease Rates per Square Foot
Existing Vacant Office Space
Average: $1.35
Low: $0.95
High: $1.55
High-Tech/Research & Development Space
Sale price per square foot
Average: $93.50
Low: $89.00
High: $98.00
Lease price per square foot
Average: $0.61
Low: $0.56
High: $0.65
Manufacturing/Warehouse Space
Sale price per square foot
Average: $76.09
Low: $63.00
High: $90.00
Lease price per square foot
Average: $0.48
Low: $0.36
High: $0.75
Source: CB Commercial
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