Irvine Company Reaches Five-Year High with March Leasing Volume

Irvine Company announced a strong month of activity in March, leasing 1.4 million square feet of office space in Orange County, Los Angeles, San Diego, Silicon Valley, Chicago and New York. This marks the largest amount of office space leased in a one-month period for Irvine Company in the past five years.

This momentum in 2024 follows Irvine Company’s strong 2023 performance as the company ended the year with 91% of its portfolio leased, a figure that’s 10% above the national average in major U.S. cities, according to Moody’s Analytics.

“Our strong leasing activity highlights the continued flight to quality and the importance of choosing not only where your company works, but who your landlord is,” said Roger DeWames, president of Irvine Company Office. “As premium workplaces outperform the broader office market, we look forward to continuing to provide our customers and their employees with exceptional service and amenities, and regularly investing in our portfolio.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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