Avison Young negotiates full-floor, 24,360-sf office lease on behalf of Acre Lending in Irvine SpectrumDecember 1, 2022
Irvine, Calif. – Avison Young announced today it successfully represented Citadel Servicing Inc. dba Acra Lending in a full-floor, 24,360-square-foot (sf) office lease at 3 Ada, a two-story 48,720-sf office building at Lakeview Business Center within Irvine Spectrum.
Acra Lending was formed with a focus on providing the industry’s leading tailor-made non-QM mortgage products.
Avison Young’s Oliver Fleener, a Senior Vice President out of the Irvine office represented the tenant. Fleener, a 25-year commercial real estate veteran, recently joined Avison Young after the firm acquired a portion of Madison Marquette just last month. Jeff Shaw represented the owner, Irvine Company.
Acra Lending will be consolidating four of its local offices into a single location on the second floor of 3 Ada by Spring 2023. Acra Lending’s multi-year lease brings 3 Ada back to 100% occupancy.
“My client considered many options in the area, including renewing, but Irvine Company offered the most efficient layout, with a custom build-out, at the best price,” Fleener said. “It checked all the boxes for us.”
Fleener has worked with the tenant for over a decade including identifying out-of-state locations as well.
Avison Young is a 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.
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For more information:
Darcie Giacchetto, Media Relations Specialist – Southwest: +1.949.278.6224
Oliver Fleener, Senior Vice President: +1.949.484.9068