Regions West
Tech Firm Renews Lease of Orange County Home
Aug 8, 2008

TechSpace will be able to call the buildings at 65 and 75 Enterprise in Aliso Viejo, Calif., home for quite some time now that the company has signed a long-term lease with property owner RREEF. TechSpace, a provider of full-service office facilities and corresponding infrastructure and IT services, will continue to occupy 90,000 square feet within two buildings at the 1.8 million-square-foot Summit Office Campus through 2017 under a contract valued at $25 million. The company plans to renovate its digs, making upgrades to its café and common areas, as well as reconfiguring office accommodations. Real estate services firm Grubb & Ellis Inc. represented TechSpace in the transaction, while CB Richard Ellis Co. stood in for the landlord.

 
Recent West Headlines
AvalonBay Forms $950M Apartment Fund
Sept. 04, 2008
AvalonBay Communities Inc. has created a new fund that will focus on the acquisition and operation of apartment properties in high barrier-to-entry markets in the Northeast, Mid-Atlantic, Midwest, and on the West Coast.
Maguire Completes Second SoCal Office Sale in a Week
Sept. 03, 2008
Maguire Properties Inc. has closed the books on the disposition of City Plaza, a 324,000-square-foot office building in Orange, Calif. An entity owned by Hudson Capital L.L.C. took the property off Maguire's hands.
Frank Campbell Equity Office Repositions, Refurbishes SoCal Portfolio
Sept. 02, 2008
About 18 months after Equity Office Properties Inc. was acquired by The Blackstone Group, the company is still in existence with more than 300 properties totaling more than 50 million square feet.
Permanent Financing Totaling $21M Closes for Newport Beach
Aug. 29, 2008
While many of the details are being kept mum, permanent financing to the tune of approximately $21 million has been put in place for the 25-acre Hyatt Regency Hotel property in Newport Beach, Calif.
university gateway Clark Forges Ahead with $134M Contract for Student Housing Project in L.A.
Aug. 29, 2008
Clark Construction Group-California has commenced work on University Gateway, a 421-unit mixed-use student housing development in Los Angeles, just across from the University of Southern California.