A weekly look at office and industrial real estate in the county. : FOCUS: TISHMAN EXECUTIVE TOWERS
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The first of the complex’s twin towers was completed early last year and construction on the second is expected to begin at the end of 1989. The complex has a health club for tenants and an underground tunnel connecting the towers to the parking garage. Marie Callender’s A La Carte restaurant is scheduled to open next week on the ground level.
FACTS AND FIGURES
Address: 1100 Town and Country Road, Orange
Developer: Tishman Realty & Construction Co. Inc. and Executive Life Insurance Co.
Architect: Nadel Partnership Inc., Los Angeles
Primary Contractor: Tishman Construction Corp.
Broker: TRACCO Management Corp.
Financing: Bank of America, Security Pacific and Canadian Imperial
Number of floors: Two 16-story towers
Square feet: 750,000 when completed
Use: Office
Cost (land and building): $100 million
Percentage of building leased: 70% of the first tower
Projected rental cost per square foot: NA
MAJOR TENANTS: Square feet
National Healthcare & Hospital Supply Corp.: 35,000
Kraft Inc.: 22,000
P&D; Technologies Inc.: 22,000
Marie Callender Ventures Inc. (corporate offices): 16,000
Source: Tishman Realty
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