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330 Commerce

The Epoch Times Signs 26,680 Square Foot Direct Lease With Donald Bren In Irvine
LEASEDOffice

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

Donald Bren

Irvine Company

Landlord

$910.1M

vol

25 deals

Landlord

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