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Irvine Company Acquires Alton Plaza

Irvine Company acquired the 19-building Alton Plaza in Irvine Spectrum from AEW Capital Management for an undisclosed amount. The 216,000-square-foot campus is located at 15205-15295 Alton Parkway near the Irvine, CA train station.

The 14.5-acre campus is 95% leased to technology, medical device, R&D, real estate and engineering companies. Irvine Co.’s reinvestment plans for the property include adding dynamic outdoor spaces for people to work, collaborate or simply recharge.

When completed, roughly 700 employees from 25 companies will enjoy modern indoor and outdoor work spaces designed to foster innovation and collaboration.

Irvine Company Office Properties’ Steve Case said, “Our decision to acquire Alton Plaza is part of a broader effort to enhance Irvine Spectrum’s appeal as the ultimate address for forward-thinking businesses. We want to create memorable workplace experiences that support growth and innovation while enhancing recruitment and retention efforts.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition