NEWPORT BEACH COMMERCIAL AND INDUSTRIAL REAL ESTATE : FOCUS: 23 CORPORATE PLAZA

Located within Newport Center in Newport Beach, 23 Corporate Plaza consists of twin two-story buildings constructed of Indian sandstone. The two structures are connected by a central atrium lobby, which contains a glassed passenger elevator and twin circular staircases. Outside are gardens and seating areas. The project is a development of the Irvine Co. and Birtcher. FACTS AND FIGURES Address: 23 Corporate Plaza, Newport Center, Newport Beach Developer: Irvine Co. and Birtcher Architect: McLarand Vasquez & Partners General Contractor: Birtcher Leasing Agents: Birtcher Number of floors: Two Square feet: 88,000 Use: Office Date completed: August, 1991 Parking capacity: 4 spaces per 1,000 square feet Rental cost per square foot: $2 MAJOR TENANTS / Square feet Heritage Escrow 3,600 Sanport Development 1,600 Uniglobe Travel 1,400 Source: Irvine Co. and Birtcher