Irvine Co. has acquired the 19-building, 216,000-square-foot Alton Plaza office campus near the Irvine train station and plans to revitalize it into modern indoor and outdoor workspaces designed to foster innovation and collaboration. Roughly 700 employees from 25 companies will enjoy the renovation when completed.
Irvine Company acquired the 19-building Alton Plaza in Irvine Spectrum from AEW Capital Management for an undisclosed amount. The 216,000-square-foot campus is located at 15205-15295 Alton Parkway near the Irvine, CA train station.
Irvine Company has purchased Alton Plaza, a 19-building business campus within Irvine Spectrum. The company plans to revitalize the 216k sf complex, located on Alton Pkwy near the Irvine train station.
The six new deals at 200 Spectrum Center Drive bring the building up to 93 percent leased, just one year after opening. Tenants include innovators in tech, co-working, gaming, law, finance and automotive.
The property is currently 95 percent leased to technology, medical device, research and development, real estate and engineering companies.
The 21-story tower is now 93 percent leased.
Six new deals totaling 50,000 square feet brought Irvine Co.’s 200 Spectrum Center Drive up to 93% leased just one year after the 21-story building opened in Irvine, CA. The largest of the transactions at the 426,000-square-foot property includes a 22,000-square-foot expansion by Crown Castle, and a 14,000-square-foot deal with Neudesic.
Of particular importance to large tech-space users is having a workspace that fosters creativity, innovation and collaboration to seamlessly blend work and life, Irvine Co. Office Properties' EVP Steve Case tells GlobeSt.com. The firm recently signed a 96,000-square-foot lease with Toshiba America Inc. at University Research Park, the Irvine Co's 185-acre office park here, located next to UC Irvine.
Irvine Company has bought a low-rise office campus in the shadow of Broadcom Ltd.'s new office campus in the Irvine Spectrum.
