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Office Tenants Sign for 109,000 SF in Three Deals

BREA, CA-Two deals here and one in Irvine join a recent list of major office leases at a number of projects throughout Orange County.

By Bob Howard | Updated on December 09, 2008

BREA, CA-Two tenants have signed office leases here and one has committed to space in Irvine in three deals that total nearly 109,000 square feet. The two deals here were subleases totaling nearly 54,000 square feet at 6 Pointe Dr.; the Irvine transaction was a 55,000-square-foot lease for 3161 Michelson Dr.

Nature’s Best signed an eight-year sublease for 27,226 square feet at 6 Pointe Dr., while Apollo Hospitality Group signed a 26,589-square-foot sublease for a seven and a half years, according to Tom Abel of CB Richard Ellis, who represented the sublessor in both deals. The sublessor was not named, but the building at one time was occupied by ResMAE Mortgage, a subprime lender.

Abel, noting that Beckman Coulter recently signed an 88,664-square-foot headquarters lease at 4150 North Palm and Raytheon signed for 78,000 square feet at 120 S. State College Blvd., says that the spate of leases demonstrate the momentum building in Brea’s office market.

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