California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Orange County  + Office  | 

CoStar Takes Entire 115K-SF Building at Spectrum Terrace

CoStar Group recently signed a lease at Spectrum Terrace in Irvine Spectrum located at the highly visible intersection of three freeways. CoStar plans to occupy the full 114,781-square-foot building at 17600 Laguna Canyon in late 2021, according to Irvine Company.

“The fact that a dynamic and growing company like CoStar Group chose to relocate to Spectrum Terrace validates its place as Southern California’s best-in-class workplace community,” said Tom Greubel, vice president of leasing, Irvine Company Office Properties. “At Spectrum Terrace, workplace wellness has been integrated into the design from the start, providing a healthy work environment and peace of mind for our customers.”

Spectrum Terrace features 33 acres of outdoor space, ground-floor sliding doors and private patios, and high-efficiency MERV 13 air filtration to maximize fresh air exchange. The 1.1 million-square-foot campus also provides amenities that encourage wellness.

Michael Props of Savills represented CoStar.

Connect

Inside The Story

Tom Greubel

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Lease