- In The News
Irvine Company Office Properties celebrates the exceptional performance of Royce Sharf, Kelly Givens and Brad Schmitt of Savills Studley - Orange County in negotiating nearly 65,000 SF in the prestigious Newport Center Collection this past quarter.
Analog Devices, Inc. leases 445,000 square feet at Irvine Company’s Santa Clara Square
The Irvine Company has acquired a two-building Del Mar Heights office complex for an undisclosed price. The four-story, Gateway at Torrey Hills buildings at 3570 and 3580 Carmel Mountain Road have a combined space of 198,000 square feet. Tenants include BDO USA, MINDBODY, Inc., and the law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
Irvine Company Office Properties announced today that Andersen Tax LLC, one of the largest independent tax firms in the U.S., and JAMS, the largest private alternative dispute resolution (ADR) provider in the world, have leased 45,000 square feet at 71 South Wacker, the 48-story iconic trophy tower in downtown Chicago.
Irvine Company Office Properties announced today that Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., and recognized leader in internet of things (IoT), cloud and data-driven solutions, has leased a 222,500-square-foot building at Santa Clara Square.
Hitachi Vantara has signed a 220,156-square-foot lease at Santa Clara Square, a deal that will take the tech conglomerate from its headquarters of more than 25 years a mere two miles down the road in search of new amenities.
La Jolla UTC is not only one of the fastest growing workplace communities in the country – it also has one of the hottest emerging food scenes. For those who are lucky enough to work in the area – this means delicious working lunches (and dinners) are only steps away. Here’s just a hint of what’s on the menu in the increasingly exciting culinary destination.
Irvine Company salutes the outstanding performance of Jordan Williams of Strom Commercial Real Estate. During the past quarter, Jordan negotiated multiple leases throughout San Diego, including the largest new transaction in downtown San Diego.
Irvine Company Office Properties’ 21-story vertical campus 200 Spectrum Center has been awarded The Outstanding Building of the Year (TOBY) Award from the Building Owners and Managers Association of Orange County (BOMA/Orange County), the most prestigious and comprehensive recognition of its kind in the commercial real estate industry.
Irvine Company Office Properties announced today that Ziegler, a privately held, national boutique investment bank, capital markets and proprietary investments firm has signed a lease to occupy 32,000 square feet at One North Wacker, UBS Tower, the 50-story modern workplace community in the heart of The Chicago Loop.
Irvine Company Office Properties’ six-building, 17-acre The Plaza has been awarded The Outstanding Building of the Year (TOBY) Award from the Building Owners and Managers Association of San Diego. Located in the heart of La Jolla UTC, the project was honored in the 500,000-1 million square-feet category for its industry-leading building management and operations, excellence in building standards, sustainability efforts, community impact and customer relations and retention.
Irvine Company Office Properties salutes the outstanding performance of Brad Schmitt and Royce Sharf of Savills Studley in negotiating a 22,000 SF penthouse deal along the Spectrum Skyline. This caps off the successful completion of leasing at Irvine Spectrum’s most walkable vertical campus - 200 Spectrum Center.
An unusual tenant is moving into the bustling office tower at 71 South Wacker Drive today: the sky. The Irvine Company along with acclaimed visual designer, James Carpenter, unveiled a pair of illuminated hanging installations today that builds upon the vision of bringing the majesty of the sky into urban settings.
Irvine Company Office Properties announced today that it has expanded its Chicago executive team and opened a new regional office at 71 South Wacker. The company also announced that Beau Rawi has been promoted to regional vice president, leasing. He joins long-time Irvine Company executive Pamela Van Nort, who has served as regional vice president of operations since 2013, and recently relocated to Chicago. They will lead the team, which includes Gregory Tait as senior leasing director and day-to-day lead responsible for all aspects of leasing for the Chicago portfolio.
Irvine Company Office Properties celebrates the exceptional performance of David Marino and J.P. Roach of Hughes Marino in negotiating a significant 85,000 SF transaction at The Quad @ Discovery Business Center. By square footage, the Vyaire Medical Inc. deal is the third-largest new office lease in Orange County this year and the largest for Irvine Company.
According to Ernst & Young’s Global Generations Research, most employees cite work/life balance as one of their top priorities. To help attract top talent, forward-thinking companies are looking for commercial real estate partners, such as Irvine Company, who understand that amenities in and around the office are critical to attracting a high-performing workforce.
The corner office, that symbol of corporate kingliness, now belongs to ... everyone. Two Irvine-based companies, one an international brand established in 1920, the other a startup not quite 2 years old, are setting a new standard for courting and retaining employees. Offering not just creature comforts but also opportunities for interaction among team members regardless of rank, AutoGravity and Mazda are urging employees to grab their laptops, hang out and draw inspiration from, among other things, some prime real estate: the once-coveted corner "office" that boasts the best views around. Inventive workspaces that reflect a company's brand and culture can promote teamwork, innovation and loyalty.
One of the biggest medical device firms in Orange County plans a major expansion and hiring push after signing a deal to move its local operations from Yorba Linda to an office project being built in the Irvine Spectrum.
Acknowledging the best of the best in our industry, Irvine Company Office Properties congratulates these exemplary brokers. We admire their tireless dedication and thank them for their extraordinary efforts.
Irvine Company Office Properties extends appreciation to David Marino of Hughes Marino. During the past quarter, David negotiated the most significant lease transactions in San Diego totaling over 115,000 SF, including the renewal and expansion of Peregrine Semiconductor Corporation at Canyon Ridge Technology Park.
Imagine gazing out of your office window upon a stunning view of the Pacific Ocean from a building with your company’s name emboldened upon the top.
Irvine Co. of Newport Beach has acquired the two-building Township 14 office property in Del Mar Heights, marking its first acquisition in that submarket of San Diego’s Carmel Valley.
The twin to Orange County’s tallest building officially opened for business Wednesday with a media unveiling overlooking South Orange County from about 300 feet up in the air.
Irvine Company Office Properties salutes the outstanding performance of Jeff Manley and Taylor Wood of Savills Studley in negotiating multiple significant leases throughout Orange County totaling over 94,000 SF, including the relocation of Cylance Inc. to 400 Spectrum Center.
Irvine Company Office Properties can add another energy efficiency distinction to its resume – the only company in America with the U.S. Environmental Protection Agency’s “Designed to Earn the ENERGY STAR” rating for new office construction so far in 2017.
Startup founders have a lot to worry about: Is there a need for the product or service in the market? Do we have the right team? How do we differentiate from the competition? The numbers are against them from day one – according to Forbes magazine only 10 percent of companies in the beginning stages succeed. And while some of the reasons seem obvious, other practical factors such as ‘bad location’, ‘don’t use network’ and ‘burnout’ may fly under the radar of startup CEOs.
Irvine Company Office Properties salutes the outstanding performance of J.P. Roach of Hughes Marino in negotiating a significant transaction in Irvine Spectrum totaling nearly 100,000 SF.
Digital Map Products is moving its headquarters in late fall to the Broadcom campus at University Research Park next to UC Irvine. The company, a provider of cloud-based location technology and data solutions, will occupy an entire 22,000-square-foot floor of one of the buildings. Digital Map Products’ new neighbor will be Toshiba America’s electronics components, information systems and logistics divisions.
Location technology and data company signs 22,000-square-foot lease at former Broadcom Corporation space.
Irvine Company Office Properties’ 48-story office tower at 71 South Wacker Drive has been awarded The Outstanding Building of the Year (TOBY) Earth Awards in the local, regional and international categories from Building Owners and Managers Association (BOMA). The award is recognized as one of the most prestigious awards for comprehensive and leading sustainability practices in the commercial real estate industry.
Irvine Co., the owner of three of the seven trophy towers rising in Downtown Chicago, inked more than 20 leases accounting for more than 300,000 square feet of office space. The locations were One North Wacker, 300 North LaSalle and 71 South Wacker.
Denver-Colo.-based SendGrid signed a lease for a 22,000-plus square-foot office at 400 Spectrum Drive in Irvine that will nearly triple its existing space. The landlord is the Irvine Co.
SendGrid, which currently has an office in Orange, has signed a lease at 400 Spectrum Drive, the new Irvine Company office tower under construction at Irvine Spectrum Center.
Irvine Company Office Properties today announced that SendGrid, a leading customer communication platform that drives engagement and growth, has signed a lease for new office space at 400 Spectrum Center Drive.
SendGrid announced today that it's signed a lease for a new office space in Orange County.
The new 22,000-plus square foot office at 400 Spectrum Center Drive in Irvine will nearly triple its existing square footage. The landlord is the Irvine Co.
Irvine Company Office Properties today announced that SendGrid, a leading customer communication platform that drives engagement and growth, has signed a lease for new office space at 400 Spectrum Drive.
The Problem: As chief of staff to California governor Arnold Schwarzenegger, Susan Kennedy helped oversee a massive increase in the state’s renewable-energy capacity—and witnessed its unintended consequences. While solar power helped bring down the overall energy draw on the power grid during the day, demand surged in the evening, requiring utilities to run fossil-fuel plants for backup power.
Mazda has moved to its new home at 200 Spectrum Center Drive. The location, near the Irvine Spectrum, is about a mile away from Mazda North American Operations’ old headquarters.
With major makeover projects near completion, La Jolla UTC is getting a new wave of interest from companies looking to relocate to the area.
Coronado Park @ The Square business campus is located off Highway 101 and Bowers Avenue on Coronado Drive and Scott Boulevard, minutes to San Jose International Airport. It is located across the street from Whole Foods Market, and several outdoor cafés and restaurants at Santa Clara Square Marketplace.
The Launch, Irvine Co. Office Properties’ redevelopment project of the former Airport Business Center here, ties in with nearby John Wayne Airport and also represents the launching of a brand-new creative-office workplace community, EVP Steve Case tells GlobeSt.com. The project features two four-story buildings on the stretch of MacArthur Blvd. that fronts John Wayne Airport.
Irvine Co. just signed a lease for an entire building at Coronado Park in Santa Clara. Duarte Inc., a storytelling and business communications company, will occupy an entire 25K SF building at 3200 Coronado Park. The company will move in August from its Sunnyvale office at 755 North Mary Ave., which also is owned by Irvine Co. Duarte worked directly with Irvine Co. for the lease.
Irvine Company Office Properties extends appreciation to Jed Stirnkorb of CBRE in negotiating a significant lease at One La Jolla Center totaling over 45,000 SF.
Irvine Company Office Properties salutes the outstanding performance of John Gillespie of Newport Commercial Realty Advisors in negotiating a significant lease on behalf of LoanDepot.com, LLC at Discovery Business Center totaling over 64,000 SF.
Irvine Company announced today that storytelling and business communications firm Duarte, Inc., has leased an entire 25,000-square-foot building at 3200 Coronado Park @ The Square. Duarte will be the first customer at the newly revitalized, freestanding business campus.
Coronado Park delivers all the vibrancy and access of its Silicon Valley address with the added value of a dynamic, enriching lifestyle. It is located across the street from Whole Foods Market and several outdoor cafés and upscale restaurants at Santa Clara Square Marketplace. It also offers companies the unique opportunity to occupy buildings ranging from 5,000-25,000 square feet.
Duarte, Inc. leased an entire 25,000-square-foot building at the Irvine Company’s 3200 Coronado Park @ The Square in Santa Clara, CA. Duarte will be the first customer at the newly revitalized, freestanding business campus across the street from Santa Clara Square Marketplace.
The Irvine Co. has signed the first lease in the Coronado Park office campus at its Santa Clara Square mixed-use development in Santa Clara.
Duarte Inc., a storytelling and business communications company, will move into the nearly 25,000-square-foot building at 3200 Coronado Park in August. The building is the largest of the seven, single-story office buildings in the Coronado office park, which sits at the south end of the Santa Clara Square mixed-use development.
Last week the California Landscape Contractors Association held their big annual awards gala in Silicon Valley. The top award of the night was the "Stuart J. Sperber Memorial Sweepstakes Trophy - Best in Show" which we were able to win in partnership with our long time service provider, Brightview Landscape who both installed and maintains the landscape and renowned architect Burton Landscape Architect Studio who designed it. The judges said the property stood out above all the rest of the competition and looked absolutely pristine.
Savills Studley has signed a long-term lease for a 17.7k sf, full floor at 520 Newport Center Dr in Newport Beach. The firm will occupy the building’s eighth floor, the last available space in the prestigious office tower, in September of this year. Terms of the lease were not disclosed.
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.
St. Joseph Hoag Health in Irvine celebrates June with eyes set on behavioral health, including mental wellness and addiction. This month, it held its fourth annual Orange County Shatterproof Challenge Rappel at the Newport Center to raise awareness of the opioid epidemic.
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.
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.
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.”
Location, renovation, transportation. 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.
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.
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.
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.
Companies are looking at real estate more than ever as an asset — a tool to recruit and retain talent and a competitive advantage in a tight job market. They now view their offices as an extension of their brands.
Sizzling Market Downshifts Slightly; Trends Emerge in Submarkets.
Security software maker Cylance Inc. plans to consolidate its local operations at the soon-to-open 400 Spectrum Center office tower in the Irvine Spectrum.
Focusing deeply on understanding the needs and desires of your customer, then using that knowledge to create the most compelling workplace communities possible is key when a newly developed property is leasing up fast, Irvine Co. Office Properties EVP Steve Case tells GlobeSt.com. The firm recently signed six new leasing transactions at its 200 Spectrum Center Dr. property here, bringing the asset up to 93% leased just one year after the 21-story office building’s opening.
For such a lavish-looking restaurant, the week-old Red O had a relatively subdued opening and is settling quietly and comfortably into its 9,000-square-foot spot across from UTC. Rising in Donovan's former domain, it is the new upscale dining centerpiece of The Plaza by The Irvine Company.
IRVINE, CA—Governor Brown’s aggressive goals for doubling the energy efficiency of existing buildings by 2030 will continue to drive new technologies, Irvine Co.’s VP of energy management Rich Bluth tells GlobeSt.com. The development firm owns and operates the most ENERGY STAR-certified offices of any building owner in the nation, and three of the company’s new buildings—two at its “NextGen” Sand Canyon Business Center here and Eastgate Terrace (9779 Kettner) in La Jolla, CA—were among only 10 new developments nationwide to become “Designed to Earn the Energy STAR” certified in 2016.
In University Towne Center, diners by the end of May should be seeing the opening of the long-awaited Red O, an upscale Mexican-style restaurant taking the space long occupied by Donovan’s before its move last year to the Village of La Jolla.
Commercial real estate firms are on the move throughout the West, but no market is more active than San Diego. Some of the industry’s biggest players have decided to upgrade their digs in America’s Finest City in pursuit of happier employees and office prototypes they can be proud of.
Silicon Valley city staff are busy these days. Cities like Milpitas and Sunnyvale have several multifamily, mixed-use and office developments in the works.
Irvine Company's own twist on the creative-office trend is gaining ground.
Irvine Co. purchased the 19-building Alton Plaza as part of its effort to enhance the Irvine Spectrum area. The developer plans to revitalize the 216,000-square-foot campus on Alton Parkway near the Irvine train station. When completed, roughly 700 employees from 25 companies will have modern indoor and outdoor work spaces designed to foster innovation and collaboration, the Irvine Co. stated in a release.
Irvine Company has bought the 19-building Alton Plaza in Irvine Spectrum. Terms of the deal were not disclosed.
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 Co. has acquired the 19-building, 216,000-square-foot Alton Plaza office campus near the Irvine teain 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.
The property is currently 95 percent leased to technology, medical device, research and development, real estate and engineering companies.
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 21-story tower is now 93 percent leased.
Irvine Company announced today the purchase of the 19-building Alton Plaza in Irvine Spectrum. The company plans to revitalize the 216,000-square-foot campus on Alton Parkway near the Irvine train station. When completed, roughly 700 employees from 25 companies will enjoy modern indoor and outdoor work spaces designed to foster innovation and collaboration.
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.
Latest major investment in Irvine Spectrum continues company’s support for innovative, growth-minded companies.
Expect to get good cellphone reception at 200 Spectrum Center, Orange County's tallest office building.
Irvine Company has bought a low-rise office campus in the shadow of Broadcom Ltd.'s new office campus in the Irvine Spectrum.
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.
Six new deals have brought 200 Spectrum Center Drive up to 93% leased just one year after the 21-story building’s opening, Irvine Company officials announced today. The leasing momentum in Irvine Spectrum—one of California’s premier mixed-use communities—is expected to continue this summer with the opening of a 21-story sister building at 400 Spectrum Center Drive.
Toshiba America will move its electronics components, information systems and logistics companies to the campus, which is in the midst of a significant reinvestment.
Irvine Company Office Properties salutes the outstanding performance of father and daughter team, Jason Hughes and Star Hughes-Gorup of Hughes Marino. During the past quarter, Jason and Star negotiated the most new lease transactions in San Diego.
Irvine Company Office Properties salutes the outstanding performance of Jeff Manley, Steve Card and Taylor Wood of Savills Studley in negotiating multiple leases totaling over 100,000 SF throughout Orange County.
Irvine Company Office Properties announced today that Newmark Grubb Knight Frank (NGKF), a global leader in commercial real estate, will be moving its San Diego regional office to One La Jolla Center, the new 15-story office tower in University Towne Centre (UTC).
A firefighter who developed cloud-based software that tracks lung damage and asbestos exposure in his profession. An app developer who measures exercise performance against music choices and delivers playlists that enhance workouts. A tool that turns every classroom into a “smart classroom” through students’ own phones and devices. These entrepreneurs are among hundreds of San Diego innovators who have benefited from The Vine SD, a start-up community that provides free or affordable office space, access to potential funding and advice in a collaborative work environment.
You've seen the cranes. You've heard about the plans. You know all about the more than $1 billion in investment activity currently underway in University Towne Centre.
Irvine Company Office Properties, an ENERGY STAR Partner, owns and operates the largest number of energy-efficient, 2015 ENERGY STAR certified office buildings in the nation, according to a company analysis of public data.
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