IRVINE, CA—Professionals want more choices when it comes to food, fitness, flexible and connected workspace and relaxation and wellness services in their workplace, Steve Case, EVP of Irvine Co. Office Properties, tells GlobeSt.com. Cavium Inc., a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, has leased a four-story building at Irvine Co.'s new “NextGen” campus at Sand Canyon Business Center in Irvine Spectrum here.
Cavium, which is headquartered in San Jose, acquired Aliso Viejo-based QLogic Corp., a networking and storage provider, in August, and will move the QLogic operations into its new location in the summer of 2017. The brokers for the Cavium lease were Jeff Hoffman and Tracey Solari with Newmark Cornish & Carey and Greg Tippin, Stacy Garcia and Byron Foss with Newmark Grubb Knight Frank.
The company will join AutoGravity, a rapidly expanding automotive financing innovator, which has leased 40,000 square feet in the project's other four-story building. The leases bring the NextGen campus to 70% pre-leased.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
