IRVINE, CALIF. – Approximately 12 months after assisting with the move of First Foundation Inc.’s (“First Foundation”) headquarters to Dallas, Texas, Atlas Capital Advisors announced today that First Foundation has renewed its 72,427 square-foot-lease for its offices located at Lakeshore — a 900,000-square-foot office campus located at 18101 Von Karman Avenue in Irvine, California, with a newly remodeled courtyard, added restaurants, and upgraded parking garage. First Foundation will utilize the space to house executives and operations associated with its two subsidiaries, First Foundation Bank and First Foundation Advisors.
Serge Vishmid, Managing Principal of Atlas Capital Advisors, represented First Foundation in the transaction. He was assisted by his former colleague, Jack McNutt, of Newmark in Newport Beach, CA. The landlord, SENTRE, was represented by Rick Kaplan and Robert Lambert of Cushman & Wakefield.
“While First Foundation Inc. realized the benefit of relocating its headquarters to Texas, they also understood that Orange County was a strategically important market,” said Vishmid. “After touring and evaluating numerous office buildings in Orange County, it was decided that staying in their current location was the best option.”
About First Foundation
First Foundation Inc. (NASDAQ: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial products and personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business.