Irvine Company pre-leases 47,000 square feet at The Quad
Spaces and KORE1 leases bring the project to 65% pre-leased
IRVINE, Calif. (May 21, 2018) – Irvine Company Office Properties announced today that creative workspace provider, Spaces, and staffing solutions company, KORE1, have leased a combined 47,000 square feet at The Quad @ Discovery Business Center.
Spaces, a global pioneer in creative, co-working spaces, leased 41,000 square feet at 530 Technology Drive and will take building-top signage when it moves in the summer of 2018.
KORE1, an Inc. 5000 Fastest-Growing Company and leading provider of staffing solutions, signed a 6,000-square-foot lease, also at 530 Technology Drive.
“We are honored that two fast-growing and innovative companies selected our ‘next gen’ campus to accelerate their success,” said Steve Case, executive vice president, Irvine Company Office Properties. “The Quad @ Discovery Business Center is designed to offer forward-thinking companies a vibrant workplace community with unique amenities to help recruit and retain top talent, inspire their employees and enhance their lives.”
The activity brings the new campus to 65% pre-leased.
In October, the company pre-leased 185,000 square feet – half of the 370,000 square-foot new campus – to medical device manufacturer Vyaire Medical Inc.
Spaces executives said The Quad’s sleek, modern design and lifestyle amenities make it a highly desirable place for companies of all sizes to innovate and grow.
“Our community of achievers and thinkers desire a unique and vibrant workplace that enables connections and fosters work-life integration,” said Michael Berretta, vice president of Network for IWG, owner of Spaces. “The Quad was the ideal location for Spaces to continue expanding our footprint in California. The site allows us to seamlessly create an environment that encourages collaboration and innovation, while providing easy access to an inspiring outdoor space that will help companies thrive.”
“The Quad will not only support our growing company, but will also provide our employees with a dynamic workplace environment from which to continue providing the best staffing solutions for our customers,” Steve Quarles, co-founder and president, KORE1.
Buildings at The Quad feature sleek, modern architecture with coastal California lifestyle amenities, including floor-to-ceiling glass and aluminum curtain walls for superior natural light and energy efficiency; sliding entry doors connecting indoor-outdoor workspaces; and advanced infrastructure for technology.
The Quad also includes two Irvine Company signature amenities: KINETIC, which offers customers a unique, integrated approach to workplace wellness featuring a private state-of-the-art fitness center, group fitness and a bike share program; and The Commons, a large open-air space with a Wi-Fi-enabled outdoor living-room, perfect for meetings, team-building events or lunch breaks.
The next gen concept was developed after extensive research into the needs of forward-thinking businesses and employees.
It was also designed with sustainability in mind.
The Quad recently earned “Designed to Earn the ENERGY STAR” certification and recognition from the U.S. Environmental Protection Agency, which identifies new building designs that are predicted to have high levels of energy efficiency.
About Irvine Company Office Properties
Irvine Company has evolved the traditional office to something much more: a vibrant workplace community. A place where collaboration is encouraged and creativity is enabled to elevate business success. The Company owns and manages 150 premier coastal California workplace communities in Orange County, Los Angeles, Silicon Valley and San Diego, as well as trophy buildings in Chicago and New York. Its timeless design and quality craftsmanship is consistent with its long-term view and pride of ownership.
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