Pacific Premier Bank Leases 115438 Square Feet Office Space At 17901 Von Karman Avenue In Irvine

The property asset involved in this transaction is an office space located at 17901 Von Karman Avenue in Irvine, encompassing a total square footage of 115,438. The transaction represents a notable move within the local market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 17901 Von Karman Avenue
• Market: Irvine
• Landlord: John Hancock Life Insurance Company
• Tenant: Pacific Premier Bank
• Landlord's Representative: Andrew White, Bob Caudill & Ryan Ward - Colliers
• Tenant's Representative: Dave Carder & Eric Tse - Kidder Mathews

This lease marks a significant arrangement for Pacific Premier Bank as it consolidates its headquarters into a single building for enhanced operational efficiency. The transaction was brokered by representatives from both Kidder Mathews and Colliers, contributing to one of the largest office deals in the Irvine area for the year.