Irvine Company Signs Biggest Lease so Far for Office Towers

Orange County Business Journal (October 15, 2007)

Author: Mueller, Mark
Vol: 30, Issue: 42
Permanent Link: http://vlex.com/vid/signs-biggest-lease-far-office-towers-64224885
Id. vLex: VLEX-64224885

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Summary:

Despite the steep asking rents, the slow rate of leasing at the county's new offices in the past year and rising vacancy rates in OC likely provided UBS with some strong bargaining power, brokers said. Rutan & Tucker LLP, OC's largest law firm said last week it had completed the build-out of an additional 12,000 square feet of office space at its local headquarters at 611 Anton Blvd., in Costa Mesa.

Headnotes:

Extract:

Irvine Company Signs Biggest Lease so Far for Office Towers

The Irvine Company has signed UBS Financial Services Inc. to take the top floor of 20 Pacifica, one of two office towers the company is building in the Irvine Spectrum.

It's the largest and most notable lease deal the Newpor...



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