IRVINE, Calif., April 20, 2021 – Clean Energy occupies two-and-a-half floors in the 15-story high-rise located at 4675 MacArthur Ct. The property is owned by The Irvine Company.
Rick Kaplan, Patrick Ryan and Chon Kantikovit with Cushman & Wakefield’s Irvine office represented the tenant in the transaction.
“This long-term renewal by Clean Energy marks a significant commitment by the company, as well as significant transaction for our office market, particularly as we negotiated the lease whilst during the ongoing adversity of the pandemic,” said Patrick Ryan. “Our team was also able to secure a favorable rent structure, and paramount to the terms is that Clean Energy will have prominent building top signage on the 15-story high rise providing exceptional visibility from major nearby roadways and highway traffic, as well as air traffic via John Wayne Airport.”
“Clean Energy has a mission of providing a product that allows our customers to achieve a cleaner environment for future generations,” said Barbara Johnson Bechthold, Vice President, Administration for Clean Energy. “Those same values are what we find in being headquartered at MacArthur Court, which provides us an environmentally-friendly workspace with first class office space and amenities.
Robert Vreeland, CFO for Clean Energy, commented, “It was an unprecedented time to be evaluating headquarter office space, so we really valued the work done by the Cushman & Wakefield team, which resulted in an outcome we are very happy with.”
MacArthur Court provides easy access to the 405, 55, 73 toll road, and John Wayne Airport, with surrounding amenities including outdoor workspaces, a private fitness center, and upscale shopping and dining nearby at The Square®.
