A weekly look at office and industrial real estate in the county. : FOCUS: SOUTH COAST METRO CENTER
The existing Metro Center buildings represent about half of the eventual development, which will include six office buildings with 1.3 million square feet of office space among them. The newest of three existing buildings will be a regional office for Security Pacific National Bank. The master plan for the development, located near the interchange of the San Diego and Costa Mesa freeways, includes a retail center and apartments.
FACTS AND FIGURES Address: 575, 535, 555 Anton Blvd. Developer: Transpacific Development Co. Architect: Gin Wong Associates Primary Contractor: Turner Construction Broker: Coldwell Banker Financing: Wells Fargo Bank Number of floors: 12 floors in each building Square feet: 720,000 (3 buildings) Use: Office Cost (land and building): $110 million Previous owner of land: Sakioka Farms Completion dates: 1985, 1986, 1988 Percentage of buildings leased: 75% Parking capacity: 2,520 Rental cost per square foot: $1.85 and up MAJOR TENANTS: Square feet Security Pacific Bank: 240,000 Geneva Cos.: 65,000 Marine Midland Bank: 25,000 Source: Coldwell Banker
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