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Table 7: Summary of Available Commercial Space for Lease
<br />Source: LoopNet, accessed January ao16
<br />Table 8: Summary of Available Commercial Space for Sale
<br />Total
<br />Property
<br />Office
<br />367
<br />Santa Ana, Anaheim, Costa Mesa,
<br />$0.09 - $4.58 SF/MO
<br />Office
<br />68
<br />Fountain Valley, Garden Grove,
<br />$1301000 - $17,685,000
<br />Irvine, Orange, Tustin, Westminster
<br />Retail
<br />195
<br />Santa Ana, Anaheim, Costa Mesa,
<br />$0.10 - $4.58 SF /Mo
<br />Retail
<br />49
<br />Fountain Valley, Garden Grove,
<br />$139,900 - $17,685,000
<br />Irvine, Orange, Tustin, Westminster
<br />Industrial /Warehouse
<br />72
<br />Santa Ana, Anaheim, Costa Mesa,
<br />$0.34 - $1.50 SF /Mo
<br />Industrial /Warehouse
<br />13
<br />Garden Grove, Irvine,
<br />$599,000 - $35,000,000
<br />Orange, Tustin
<br />Industrial /Flex Space
<br />49
<br />Santa Ana, Anaheim, Costa Mesa,
<br />$0.20 - $1.65 SF /Mo
<br />Fountain Valley, Irvine,
<br />Land
<br />10
<br />Orange, Tustin
<br />$11,995 - $3,500,000
<br />Land
<br />8
<br />Santa Ana, Anaheim, Tustin
<br />$0.20 - $2.50 SF /Mo
<br />Source: LoopNet, accessed January ao16
<br />Table 8: Summary of Available Commercial Space for Sale
<br />Source: Multiple Listing Services, accessed January 2o16; LoopNet, accessed January 2o16
<br />3. Loss of Goodwill
<br />Goodwill consists of the benefits that accrue to a business as a result of its location; reputation
<br />for dependability, skill, or quality; and any other circumstances resulting in probable retention
<br />of old, or acquisition of new, patronage. Claims for loss of goodwill are not compensable under
<br />the statutory provisions related to relocation assistance.
<br />Where claims are anticipated, state law (California Code of Civil Procedure §1263.510) requires
<br />business owners to prove all of the following: 1) The loss is caused by the acquisition of the
<br />property; z) The loss cannot reasonably be prevented by relocation of the business, or by taking
<br />steps and adopting procedures that a reasonably prudent person would take to preserve the
<br />goodwill; and, 3) The compensation for the loss has not been included as a relocation payment,
<br />or duplicated in compensation otherwise awarded to the owner.
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<br />55A -24
<br />Total
<br />..
<br />Office
<br />68
<br />Santa Ana, Costa Mesa, Fountain
<br />$1301000 - $17,685,000
<br />Valley, Garden Grove, Irvine,
<br />Orange, Tustin
<br />Retail
<br />49
<br />Santa Ana, Anaheim, Fountain
<br />$139,900 - $17,685,000
<br />Valley, Garden Grove, Orange,
<br />Santa Ana, Tustin, Westminster
<br />Industrial /Warehouse
<br />13
<br />Santa Ana, Garden Grove,
<br />$599,000 - $35,000,000
<br />Irvine, Orange
<br />Industrial /Flex Space
<br />7
<br />Santa Ana, Anaheim,
<br />$520,000 - $6,250,000
<br />Costa Mesa, Irvine
<br />Land
<br />10
<br />Santa Ana, Anaheim,
<br />$11,995 - $3,500,000
<br />Garden Grove, Tustin
<br />Source: Multiple Listing Services, accessed January 2o16; LoopNet, accessed January 2o16
<br />3. Loss of Goodwill
<br />Goodwill consists of the benefits that accrue to a business as a result of its location; reputation
<br />for dependability, skill, or quality; and any other circumstances resulting in probable retention
<br />of old, or acquisition of new, patronage. Claims for loss of goodwill are not compensable under
<br />the statutory provisions related to relocation assistance.
<br />Where claims are anticipated, state law (California Code of Civil Procedure §1263.510) requires
<br />business owners to prove all of the following: 1) The loss is caused by the acquisition of the
<br />property; z) The loss cannot reasonably be prevented by relocation of the business, or by taking
<br />steps and adopting procedures that a reasonably prudent person would take to preserve the
<br />goodwill; and, 3) The compensation for the loss has not been included as a relocation payment,
<br />or duplicated in compensation otherwise awarded to the owner.
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<br />55A -24
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