Company also installs ‘hybrid-electric’ batteries
IRVINE, Calif. (Jan., 2018) – Irvine Company announced today five leases totaling 176,000 square feet at Irvine Towers.
The customers are reverse mortgage leader American Advisors Group (AAG), accounting and advisory firm Squar Milner, environmental engineering firm Brown and Caldwell, law firm Carothers DiSante & Freudenberger and credit union innovator CU Direct.
The leases come as Irvine Company completes a
The leases also represent the successful back-filling of space currently occupied by Cylance. Cylance will move in spring to Irvine Company’s new 21-story 400 Spectrum Center. The cybersecurity artificial intelligence innovator was drawn to the quality of the building, its outdoor spaces and the opportunities for their employees to innovate.
“We are excited that so many industry-leading companies have identified our workplace communities as the ideal place to inspire their employees and recruit and retain talent,” said Steve Case, executive vice president, Irvine Company Office Properties.
Irvine Towers is now 96% leased. The Irvine Company’s overall Irvine portfolio is 96.6% leased, which includes 200 and 400 Spectrum Center towers, The Quad @ Discovery Business Center and Sand Canyon Business Center, its newest workplace communities.
AAG, the nation’s number one reverse mortgage lender, leased 65,000 square-feet on the 9th-11th floors at 18200 Von Karman and will take building-top signage when they relocate their sales and marketing teams from Orange in spring of 2018.
CU Direct is expanding its Innovation Lab from 9,000 square feet to 30,000 square feet, leasing space on the 5th and 9th floors at 18400 Von Karman. The company provides best-in-class lending technology solutions to credit unions and automotive dealers across the country.
Brown and Caldwell, the largest engineering firm solely focused on the U.S. environmental sector, has been a long-time Irvine Towers customer. The company is expanding to the 11th floor of 18500 Von Karman and will occupy 21,000 square feet.
And law firm Carothers DiSante & Freudenberger has signed a lease for 17,000 square feet at 18300 Von Karman.
The leases come as Irvine Company completes construction on a new outdoor plaza and other state-of-the-art, on-site amenities. The centerpiece of the reinvestment is the addition of The Commons, an open-air gathering place featuring casual workplaces, an outdoor living room
The opening of Davio’s Northern Italian Steakhouse’s first West Coast location is also under construction. The upscale restaurant serves a curated menu of Northern Italian fare, including homemade
Irvine Towers has also joined Irvine Company’s fleet of hybrid-electric buildings powered by state-of-the-art energy storage systems from Tesla Energy. The portfolio-wide program, in partnership with Advanced Microgrid Solutions, stores energy to reduce peak-energy consumption, eases the need for additional power plants, reduces electricity costs for customers and provides
With easy access to the 55 and 405 freeways and 73 Toll Road, Irvine Towers makes it easy to recruit and retain Southern California’s most
Irvine Towers also offers KINETIC, which blends a state-of-the-art fitness center and wellness services, a contemporary conference and event center, an on-site Irvine Marriott Hotel, complete with 27,000 square-feet of flexible meeting space including a 12,960-square foot Grand Ballroom, Starbucks, and upscale FLOE Lounge, Mickey Fine Sundries Store, a weekly Farmer’s Market with visiting food trucks, and additional on-site dining options at Specialty’s Café & Bakery.
About Irvine Company Office Properties
As a long-term owner who continuously reinvests, Irvine Company has evolved the traditional office to something much more: vibrant workplace communities. A place where collaboration is encouraged and creativity