Irvine, CA — Newmark announces that it has facilitated a new 15,446-square-foot office lease at Fitch Technology Center in Irvine, California. With the completion of the lease, the asset is 100% leased.
Newmark Managing Director Richard Sung and Senior Managing Director Greg Puccinelli represented the landlord, CheckerProp. The tenant, Guardian Litigation Group, LLP, an Orange County-based multi-jurisdictional law firm providing estate planning, consumer, employment and personal injury legal services nationwide, was represented by Newmark Senior Managing Director Craig Kish.
The tenant relocated and expanded from a neighboring building at 17922 Fitch in Irvine, which was immediately backfilled. Fitch Technology Center, located at 17838-17850 Fitch, is a single-story high-end creative office building totaling nearly 40,000 square feet. The LEED-certified building features extensive glass lining, innovative finishes, a well-designed outdoor courtyard and lounge area, EV charging stations and abundant surface and subterranean parking.
“Irvine’s office market remains a favorable environment for businesses, especially in light of recent working trends,” said Puccinelli. “The successful completion of the lease at Fitch Technology Center is a testament to the activity in the Irvine office market and the growing
demand for quality office spaces that meet the evolving needs of businesses that prioritize a collaborative setting.”
Kish added, “I am honored to have represented Guardian Litigation in their expansion to 17850 Fitch. The space perfectly aligns with its expanding requirements, offering a modern and efficient environment that will support the firm’s continued growth and success.”
Situated in the heart of the Irvine Airport Area submarket, the property is in proximity to the John Wayne Airport and provides easy access to multiple freeways.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of September 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,400 professionals around the world.