In 2023, Irvine Company had a successful year with 9.5 million square feet of premium office space leased to over 900 companies in major cities such as Orange County, Los Angeles, San Diego, Silicon Valley, Chicago and New York City. According to Moody’s Analytics data, the company ended the year with an impressive portfolio occupancy rate of 91%, which is above the national average.
The company’s president of Office division Roger DeWames stated that businesses are attracted to Irvine Company for its top-notch workspaces and personalized service. Additionally,the company takes pride in having a strong financial stability and high customer satisfaction rates – with nine out of ten customers likely to recommend them.
Irvine Company invested more than $650 million into their workplaces last year through reinvestment capital, operating capital,and tenant improvements.This highlights not only their commitment towards providing quality spaces but also emphasizes on choosing a reputable landlord for your business needs.
Overall,Irvine Company has proven itself as a leading player in the market by consistently delivering exceptional services and maintaining high occupancy rates at its office portfolio across various cities.
