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9/18/24
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Two OC office properties in Irvine are now at 100% leased thanks to a number of recent signings. The properties are located at 7700 Irvine Center Dr and 111 Pacifica. The assets are owned by Camphor Partners and Toda America Inc, respectively.
7700 Irvine Center Drive, Irvine |
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The transactions include a collection of 23 total new leases across the two properties. Notable new tenants include Crown Castle (NYSE: “CCI”), Huntington Bank (NASDAQ: “HBAN”) and Mad Engine at 7700 Spectrum and Reliance Standard at 111 Pacifica.
7700 Spectrum is comprised of 210k sf of Class A office spanning nine floors. Features include a two-story lobby, extensive glass lining, on-site conference facility and on-site property management. The property also offers free surface parking and immediate access to the I-5, I-405, SR133 and 241 toll roads. It is situated minutes away from the Irvine Spectrum Shopping Center and other surrounding retail amenities.
111 Pacifica is a three-story, 69k sf Class A office building that recently underwent interior and exterior renovations including new lobbies, common areas, outdoor seating, landscaping and new electric vehicle chargers. Tenants benefit from surface and covered parking as well as a plethora of adjacent retail amenities including Starbucks, Whole Foods, Mendocino Farms and Hiro Nori Ramen.
Richard Sung and Andrew Robben with Newmark represented the ownership of both properties in these transactions.
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