Wednesday, July 27, 2011

Grubb & Ellis Represents Incipio in 110,399-SF Global Headquarters Industrial Lease in Irvine, CA




NEWPORT BEACH, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, and Incipio, a mobile device accessories company, today announced that Wade Tift, senior vice president, and Byron Foss, associate, represented Incipio in its seven-year lease of 110,399 square feet of R&D/manufacturing space at the Oak Canyon Business Center (top left photo) in Irvine, from the Irvine Company. 

 “We’re blessed; that about sums it up.  We have experienced tremendous growth, we work with great people and local vendors and we made our home in an amazing city.  We’re excited to move into our new global headquarters right where it all started 12 years ago,” said Andy Fathollahi (middle right photo), president and founder of Incipio. 

Incipio, which manufactures and distributes mobile device accessories, is expanding from 75,000 square feet of space.  Located at 6001 Oak Canyon, the property will serve as Incipio’s global headquarters, with the company consolidating its two existing U.S.-based locations into one facility. 

 “This is a high image corporate headquarters industrial facility that provides the workspace a creative company like Incipio needs to promote business growth and employee synergy,” said Tift.  “The property includes a large amount of office space to support their corporate needs and enough space to support the company’s projected expansion.”

Incipio will take occupancy in the first quarter of 2012 once tenant improvements are complete.  Situated near the Irvine Spectrum Center, The Oak Canyon Business Center offers easy access to Interstates 405 and 5 and California State Route 133, as well as abundant surface parking. 

“It is great to have a growing company such as Incipio as a customer,” said Steve Case (lower left photo), executive vice president of Irvine Company Office Properties.  “Incipio joins a long list of innovative, emerging companies that have expanded to a world-class Irvine Company property.”

 Tift and Foss, who are both members of Grubb & Ellis’ Industrial Group, worked with Sue Lyle, leasing director of the Irvine Company, to complete the transaction. 

 Fathollahi added, “The level of customer service and assistance that The Irvine Company has given us has truly been world class.  Our new facility will be one that I feel both Incipio and the Irvine Company will be very proud of.”


Contacts:
Julia McCartney, 714.975.2230,  julia.mccartney@grubb-ellis.com 
Erin O’Neil, 949.250.4929, erin@myincipio.com

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