Savills Studley has signed a long-term lease for a 17.7k sf, full floor at 520 Newport Center Dr in Newport Beach. The firm will occupy the building’s eighth floor, the last available space in the prestigious office tower, in September of this year. Terms of the lease were not disclosed.
Getting an affordable deal on office space at Newport Center’s newest and glitziest tower is unlikely, but if anyone was going to drive a bargain with Irvine Co. for space there, it would probably be a tenant representation brokerage.
Savills Studley, the largest commercial real estate brokerage in Orange County that focuses on representing tenants, said it signed a lease for a full floor at Irvine Co.’s 520 Newport Center Drive building.
