NEWPORT BEACH, CA—International building contractor Balfour Beatty Construction has signed a seven-year lease with Bixby Land Company to occupy 9,875 square feet at Avalon, the innovative office building developed by Bixby at 1501 Quail St.
In a GlobeSt. exclusive, Bixby says that Balfour Beatty liked the creative buildout Bixby had designed for its own offices at Avalon enough that this became the space the new tenant chose to lease, furnishings included. Balfour Beatty is relocating from 2 Park Place in Irvine, and will take occupancy early next year. Bixby will continue to operate its corporate headquarters at Avalon, relocating within the building to a suite of similar size.
Balfour Beatty was represented by Taylor Wood and Jeff Manley of CRESA, while Bixby was represented by Jay Nugent and Greg Puccinelli of JLL. Lease terms were not disclosed.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
