A weekly look at office and industrial real estate in the county. : FOCUS: BREA COMMERCE CENTER
Brea Commerce Center, now being built, contains two divisible industrial buildings of 100,000 and 72,000 square feet. Krause’s Sofa Factory, which is relocating its headquarters and manufacturing operations from Fountain Valley, has leased the 100,000-square-foot building as a distribution facility for its new 250,000-square-foot manufacturing building, next door at 200 N. Berry St. FACTS AND FIGURES Address: 556 and 566 Vanguard Way, Brea Developer: McLachlan Investment Co. Architect: Ware & Malcomb Architects Inc. Primary Contractor: Snyder-Langston Leasing Agent: Grubb & Ellis Financing: Westinghouse Credit Corp. Number of floors: 1 story Square feet: 172,000 Use: Industrial warehouse/manufacturing Cost: $9 million Scheduled completion date: March, 1991 Percentage of building leased: 58% Parking capacity: 2 per 1,000 square feet Projected rental cost per square foot: $.45 Source: Grubb & Ellis
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