Irvine Company’s Flex Workspace+ Program Nets 750,000 SQFT in Leases

Irvine, Irvine Company, Flex Workspace+, Orange County, Chargezoom, Irvine Towers, Lugano, Newport Center, Closentus, Spectrum Center, Avison Young, Jamboree Center, Orange County Solar, Venture Park, Pacific Arts Plaza, San Diego, Turning Point Therapeutics, Gateway at Torrey Hills, Westwood Gateway, Los Angeles

IRVINE, Calif. – As companies return to the office, many desire flexibility as they reconfigure their workspaces, adjust their work schedules and find new ways to serve their customers and inspire their employees. 

Enter Irvine Company’s Flex Workspace+®, which offers lease terms as short as six months, tailored, high quality spaces and access to Irvine Company’s unique amenities and services. Due to the size of Irvine Company’s portfolio, there are unrivaled options to accommodate businesses of all sizes and desires, from start-ups and growing companies, to Fortune 500 companies with needs for satellite offices. 

The company announced today that it leased 750,000 square feet of “Flex” space to innovative companies in fintech, finance, technology, and medical devices over the last 12 months.

“Although we created Flex Workspace+® before the pandemic, it has understandably become a popular option for companies who desire flexibility as they transition back to the office,” said Steve Case, executive vice president, Irvine Company Office.  “We are also seeing companies committing to long term leases for a portion of their space and using our Flex Workspace+®  to address their workspace needs which are unclear for the long term.  We believe many office leases in the future will combine long term and Flex Workspace+® leases in the same location.”

Some of the most recent Flex Workspace+® leases include: 

Orange County: 

●Chargezoom, a Fintech software startup, which signed 5,204 square feet at Irvine Towers 

●Lugano, which signed 4,171 square feet at Newport Center  

●Cosentus, one of the nation’s leading multi-specialty revenue cycle management companies, which leased space at 300 Spectrum Center 

●Avison Young, a commercial real estate company, which leased space at Jamboree Center

●Orange County Solar, a premier solar energy company, which signed 3,016 square feet at Venture Park

●Plutos Sama Holdings Inc., a private equity firm, which signed 2,669 square feet at 300 Spectrum Center 

●A Plus Funding, a professional mortgage lender, which has leased 2,226 square feet at Pacific Arts Plaza

San Diego:

●Turning Point Therapeutics, a biotechnology company, which signed 26,000 square feet at Gateway at Torrey Hills 

●Triumph Business Capital, an invoice factoring company, which signed 1,330 square feet at Centerside  

Los Angeles:

●Avison Young, a commercial real estate company, which leased space at Westwood Gateway  

“The pandemic led us to reshape how we view our office space, and we decided we wanted flexible leasing options in Irvine and West Los Angeles to accommodate our continued growth, as well as support our collaborative workplace strategy.  Irvine Company delivered outstanding options quickly,” said Chris Cooper, Avison Young Principal and Southern California Regional Managing Director. “Our new spaces are move-in ready, thoughtfully designed to meet the needs of our employees, and offer exceptional amenities and services so we can continue to connect and collaborate.”

The Flex Workspace+® program includes an in-house workplace strategy team that offers a curated menu of furniture, interior branding and technology to help create tailored, connected and branded private spaces that are expertly-designed to inspire growth while promoting employees’ health and well being.

Dedicated to helping companies come back with confidence, Irvine Company has implemented innovative building systems and a proactive Workplace Success Team to give companies access to a holistic program that prioritizes workplace wellness. New health and safety features include high-efficiency MERV (minimum efficiency reporting value) rated air filters that are disinfected regularly, maximized ventilation rates, new cleaning regimens, touchless entries, and  hundreds of hand sanitizing stations throughout all of Irvine Company’s workplace communities. 

Flex Workspace+® customers also have access to Irvine Company’s engaging workday experiences that support both professional and personal priorities. Starting with concierge-led move-in and onboarding, these include boutique fitness experiences, outdoor space for work and socializing, onsite dining options from fast casual to white tablecloth, and hospitality-inspired service delivered by dedicated on-site teams.

About Irvine Company Office

As a long-term owner who continuously reinvests in its properties and services, Irvine Company serves more than 3,000 customers in 50 million square feet of premier work space in Orange County, Los Angeles, Silicon Valley and San Diego, as well as in iconic towers in Chicago and New York.  Timeless design, industry-leading service and quality craftsmanship is paired with Irvine Company’s permanent time horizon and customer-centric brand.