RVINE, CA -- Michael Hartel (middle left photo) and Kevin Turner (middle right photo) of Voit Real Estate Services’ Irvine office have successfully completed a new, ten-year, 12,000 square-foot office lease in Irvine for a total consideration of $1.4 million.
Hartel and Turner, both Senior Vice Presidents in Voit’s Irvine office, represented the lessor, REEF Brookhollow, Inc., a real estate investment company.
“The Voit team has successfully represented REEF Brookhollow as a landlord in the past, and in this instance we identified a local vocational school as the right fit for this long-term lease,” said Hartel.
The lessee, Empire Academy, is a make-up artistry school that is relocating its headquarters from Costa Mesa and will fully occupy the newly leased building (top left photo)
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“Vocational schools are excellent tenants, especially in this economy, when people are working to re-train themselves in order to find new jobs,” commented Hartel.
“Our team worked diligently to ensure the space would meet the needs of the tenant, including bringing in an architect to demonstrate the various layout options available. Ultimately, we were successful in solidifying a deal that is beneficial to both the landlord and tenant.”
According to its website, Empire Academy is a school for individuals interested in pursuing a career as a professional makeup artist. The academy offers courses ranging from introductory level through advanced artistry for television, video, film, print, runway, bridal and special effects.
Ron Semon of Paradise Commercial represented Empire Academy as the lessee in the transaction. The property is located at 1544 E. Warner Avenue in Irvine, Calif.
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Contact:
Judith Brower
Brower, Miller & Cole
(949) 955-7940
1 comment:
Great post...thanks for the reminder to blog about the everyday things that people want to read. As a real estate agent, I too struggle with what to blog about. Thanks!
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