Wells Fargo, one of the nation’s premier financial services firms, has renewed its lease at 2030 Main Street, also known as Wells Fargo Tower, in Irvine, Calif. The firm will occupy approximately 91,523 square feet, representing a slight contraction from its current commitment, on floors seven, eight, nine and eleven, plus ground-floor ATM space.
Savills Studley, the leading commercial real estate services firm specializing in tenant representation, advised Wells Fargo in the transaction.
“This was an opportunity for Wells Fargo to remain in one of Orange County’s most prominent business districts, anchoring a high-quality building with signage visible from the 405 Freeway in a convenient and accessible location,” said Savills Studley’s Executive Vice President Steve Walbridge, who represented Wells Fargo along with Executive Managing Director Craig Jablin.
The Class A, 16-story, approximately 345,000-square-foot building was constructed in 1990. It is minutes from the John Wayne/Orange County airport, 405 Freeway and other retail, restaurant and hospitality amenities and is Gold LEED certified.
Jay Carnahan of ORION Property Partners was the broker for the landlord, Third Avenue Investments, LLC.
Savills Studley has represented Wells Fargo in numerous transactions including, most recently, a 300,000-square-foot lease at 333 S. Grand Avenue in Los Angeles