Irvine Pacific LP, among Orange County’s most active homebuilder for nearly a decade and the in-house homebuilding arm of Newport Beach’s Irvine Co., only has a few more projects left to sell on the Irvine Ranch, at a quartet of sites at Orchard Hills and Portola Springs.
The 116,000-square-foot deal is among the larger office leases reported in OC in recent months, and comes amid a recent period that’s provided some optimism for office landlords