Real Tech

Epicor

Client Objective

Corporate Headquarters68,235 SFLakeshore Towers  –  Irvine, CA

Corporate Headquarters
68,235 SF
Lakeshore Towers – Irvine, CA

Epicor Software Corporation had occupied its former corporate headquarters for 7 years and wanted to evaluate all alternatives in the area that would decrease costs, improve the workplace environment and vastly improve “branding” potential.

Transaction Highlights

  • Reduced square footage from 73,700 to 68,235 RSF (7.4%)
  • Secured the “best building-top signage” in Orange County
  • Decreased monthly lease costs by 44%, a savings of over $1 million per year
  • Achieved TI allowance $20.00/rsf above market
  • Secured property tax increase protection (Prop 13) for the entire lease term
  • Option to expand at below-market rates
  • Identified, bid, evaluated and selected Architect
  • Identified, bid, evaluated and selected General Contractor

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