A weekly look at office and industrial real estate in the county. : FOCUS: OLEN PROPERTIES CORPORATE PLAZA
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Olen Corporate Plaza, a mid-rise office building in Irvine, contains about 57,000 square feet of office space. The project, which has won several awards, features marble inlaid lobbies, elevators and entry walks, five large bronze statues and three cascading pools. Completed in 1989, it is 65% leased. FACTS AND FIGURES Address: 20 Corporate Park, Irvine Developer: Olen Properties Corp. Architect: Johannes van Tilburg/Olen Financing: Olen Capital Corp. Number of floors: 4 Square feet: 56,752 Cost (land and building): About $4 million Date completed: May, 1989 Percentage of building leased: 65% Parking capacity: 4.4 per 1,000 square feet Rental cost per square foot: $2 MAJOR TENANTS Olen Properties Corp.: 25,078 Square feet Manufacturers Life Insurance: 13,233 Square feet Source: Olen Properties Corp.
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