Updated Aug 27, 2026
Jeff Erle Of MobilityWare Signs 50,900 Square Foot Office Lease With Landlord Donald Bren In Irvine
440 Exchange
Building Size
50,900 SF
Asset Type
Office
Closing
Aug 25, 2026
About this deal
AI
The property involved in this transaction is 440 Exchange, an office asset located in Irvine, California. The total square footage of the asset is 50,900, reflecting its capacity to accommodate various office needs within the market. This location is part of the Irvine Company's portfolio.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 440 Exchange
- Market: Irvine, CA
- Square Footage: 50,900
- Landlord: Donald Bren - Irvine Company
- Tenant: Jeff Erle - MobilityWare
The lease was signed by MobilityWare, a mobile game developer, indicating their intention to expand within the Orange County office market. This move was facilitated by the landlord, Donald Bren, representing Irvine Company.
On the Map
Office
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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