The Epoch Times Signs 26,680 Square Foot Direct Lease With Donald Bren In Irvine
330 Commerce
Building Size
26,680 SF
Asset Type
Office
Closing
May 6, 2026
AI
The property involved in this transaction is an office asset located at 330 Commerce Drive in Irvine, CA. The total square footage of the property is 26,680, and it is situated in the Irvine Airport submarket. The landlord for this lease is The Epoch Times, and the tenant is Donald Bren, representing the Irvine Company.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: The Epoch Times
- Tenant: Donald Bren - Irvine Company
- Date of Transaction: 05/06/2026
This lease signifies a shift from a prior sublease, as The Epoch Times transitioned to a direct lease for its long-term headquarters commitment. This move illustrates the ongoing trends in the Irvine market, characterized by tight sublease availability, strong leasing activity, and increasing rents in the Airport area.
Players
Irvine Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93