Savills Studley Leases Full Floor at 520 Newport Center

Relocation follows firm’s acquisition of Cresa Orange County in February

 Orange County, Calif. (June 26, 2017) – Savills Studley has signed a long-term lease for a full floor, totaling 17,675 square feet, at 520 Newport Center Drive in Newport Beach, Calif. The firm will occupy the building’s eighth floor, the last available space in the prestigious office tower, in September of this year.

The relocation will combine Savills Studley two existing offices at 19100 Von Karman Avenue in Irvine and 610 Newport Center Drive in Newport Beach. The Newport Beach location was the former home of Cresa Orange County which was acquired by Savills Studley in February.

“The new office allows us to fully integrate our teams and create a connected environment that facilitates communication and cooperation,” said Royce Sharf, Savills Studley Executive Vice President and Branch Manager.

The space will feature a modern aesthetic with an emphasis on simplicity and openness, including a series of strategically located collaborative hubs and flexible meeting areas for internal and external gatherings.

“We are working closely with LPA architects and our internal workplace strategy team to design offices that engage employees, improve effectiveness and reflect our brand and culture,” added Pat Murphy, Savills Studley Senior Vice President and Branch Manager.

Owned by Irvine Company Office Properties, 520 Newport Center was designed by the world-renowned architect Henry Cobb of New York-based Pei Cobb Freed & Partners and features sleek, modern architecture, panoramic views, lifestyle amenities and campus-like setting. The 21-story, 326,000-square-foot building is LEED Gold certified and includes 10 to 11 feet of floor-to-ceiling glass for superior daylight and an efficient floor plan for maximum flexibility.

About Savills Studley

Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 29 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

For more information, please visit www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.