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![]() Morgan Drexen initially will be housed in the top three floors of 675 Anton Blvd., though it will eventually occupy the whole building. The firm is the first company to sign a new lease on one of the plaza buildings, according to Morgan Drexen. The 827,000-square-foot Pacific Arts Plaza has four high-rise and mid-rise office buildings, and four free-standing restaurants, including Mastro's Steakhouse. The property is located near the Segerstrom Center for the Arts and South Coast Plaza. "We are thrilled to be moving to such a prestigious location," said Morgan Drexen CEO Walter Ledda. "Working with the Irvine Co. has been a great pleasure for us, and we are thrilled to be able to stay in Orange County. This is great for our employees and it allows us the extra space we need for a growing company." Morgan Drexen provides integrated legal support services for law firms across the nation and is earning a "solid reputation" in the industry, according to the company. "We believe Morgan Drexen represents a great fit for our reintroduction of Pacific Arts Plaza, given their sophisticated business model and attention to providing a high-quality workplace experience for their work force," said Doug Holte, president of the Irvine Co. Office Properties. The Irvine Co. in December acquired the Pacific Arts Plaza, marking its expansion into the Orange County Theatre & Arts District. The Irvine Co. plans to upgrade the site with improved on-site amenities and customer-floor enhancements, among other features, this year. "We look forward to utilizing our extensive reinvestment expertise to enhance a remarkable office location and to create an exceptional customer experience for Morgan Drexen,” said Holte. Related headlines Aliso Viejo-based Buy.com acquires DecisionStep VertiFlex secures $14 million for clinical trial MIG Real Estate purchases Las Vegas retail center |
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| Comment at 7/18/2011 |