Getting an affordable deal on office space at Newport Center’s newest and glitziest tower is unlikely, but if anyone was going to drive a bargain with Irvine Co. for space there, it would probably be a tenant representation brokerage.
Savills Studley, the largest commercial real estate brokerage in Orange County that focuses on representing tenants, said it signed a lease for a full floor at Irvine Co.’s 520 Newport Center Drive building.
Americor Funding Inc. leased 21,742 square feet of Class A office space at The Irvine Company’s 18200 Von Karman at Irvine Towers in Irvine, CA. The lending company plans to relocate its HQ from 2211 Michelson, to accommodate growth and expansion.
Newport Beach, Calif. — Savills Studley has signed a long-term lease for 17,675 square feet of office space at 520 Newport Center Drive in Newport Beach.
The relocation will combine Savills Studley’s two existing offices at 19100 Von Karman Ave. in Irvine and 610 Newport Center Drive in Newport Beach. The Newport Beach location was the former home of Cresa Orange County which Savills Studley acquired in February. The space will feature a modern aesthetic with an emphasis on simplicity and openness, including a series of strategically located collaborative hubs and flexible meeting areas for internal and external gatherings.
Cushman & Wakefield has brokered a lease for Americor Funding Inc. at a 21,742-square-feet office space at 18200 Von Karman at Irvine Towers in Irvine. Terms were not disclosed. Chon Kantikovit and Shawn Lawrence of the firm’s Irvine office represented the tenant in the transaction. The property is owned by the Irvine Company and offers onsite amenities including Specialty’s Bakery & Café, recently announced Davio’s Norther Italian Steakhouse, Marriott Hotel and a private fitness center for tenants.
The Newport Beach-based Irvine Co. is re-branding and renovating some commercial properties near John Wayne Airport in Irvine.
The Airport Business Center, which includes two four-story buildings at 18662 and 18552 MacArthur Blvd., will become "The Launch."
Irvine Company is set to reimagine, revamp and rebrand the former Airport Business Center as “The Launch.” The project features a pair of four-story buildings on a stretch of MacArthur Boulevard that fronts John Wayne Airport.
Irvine Co.’s Steve Case says, “After conducting significant customer research, we’ve learned that growth companies view real estate as an asset and extension of their brands, a critical and valuable tool to help them recruit and retain talent in today’s tight job market.”
Irvine Company Office Properties salutes the outstanding performance of Steve Wagner and Louis Tomaselli of JLL in negotiating a significant lease on behalf of Toshiba America, Inc. at University Research Park totaling over 96,000 SF.
All three are in play as Irvine Company reimagines, revamps and rebrands the former Airport Business Center as “The Launch.” The project features a pair of four-story buildings on the stretch of MacArthur Boulevard that fronts John Wayne Airport, one of Orange County’s largest economic engines with an annual impact estimated at more than $6 billion and 43,000 jobs.
That explains the location part of the equation, and leads to the current renovation of both buildings, each of which will be enhanced to meet the needs of forward-thinking companies and their employees, who blend life and work more than ever.
Orange County's dominant office landlord and the area's most active office developer over the past four years isn't resting on its laurels, with both a ground-up development and a creative office renovation project in the works.
Irvine Co. recently broke ground on four midrise office projects on Sand Canyon Avenue, about a mile from its Irvine Spectrum Center shopping center.
With the popularity of mixed-use developments rising, developers are seeking ways to create well-crafted communities in Silicon Valley. These communities offer places where people can do different things throughout the day without needing to get into their cars.
