Updated Sep 2, 2026
JAMS Renews 31,400 Square Foot Lease At Irvine Company's Jamboree Center In Irvine, CA
5 Park Plaza
Building Size
31,400 SF
Asset Type
Office
Closing
Aug 26, 2026
About this deal
AI
The property involved in this transaction is an office space located at 5 Park Plaza in Irvine, California. The total square footage of the asset is 31,400 square feet, which forms part of the Irvine Company’s office portfolio. This portfolio achieved a leasing status of 91% after significant leasing activity amounting to 11 million square feet during fiscal 2026.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease renewal
- Address: 5 Park Plaza
- Market: Irvine, CA
- Landlord: Donald Bren - Irvine Company
- Tenant: Kimberly Taylor - JAMS
- Lease Size: 31,400 square feet
The key individuals in this transaction are Donald Bren, representing the Irvine Company, who serves as the landlord, and Kimberly Taylor, representing JAMS, who is the tenant. This lease renewal solidifies JAMS's continued presence in Orange County.
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