American Honda Finance Corp. has signed a lease that will expand its space at the Royal Ridge complex in Irving by 23,142 square feet. As part of the transaction, Honda also signed a long-term extension on its existing 76,785-square-foot lease. Honda’s total footprint at Royal Ridge now encompasses nearly 100,000 square feet.

American Honda Finance Corp., the leasing and financing solutions arm of Honda Motor Co. Inc., has been a tenant of Royal Ridge office park since 2000. The location is home to 600 employees.

“In an otherwise challenging market due to the pandemic, Accesso’s 500,000-square-foot Royal Ridge portfolio has performed incredibly well, allowing us to expand and extend our lease with Honda for 100,000 square feet, along with securing Michaels’ headquarters for 124,000 square feet in June of 2020. We’re fortunate to represent relevant, quality product with an owner that is nimble and flexible,” says John Brownlee of JLL, who represented Accesso along with Michael Williams.

Timothy Vaughan in CBRE’s El Segundo office represented American Honda Finance.

Royal Ridge is situated on Royal Lane near John Carpenter Freeway and Beltline Road in the Las Colinas submarket. The complex encompasses four properties.