FirstService Residential Signs Lease with the Irvine Company for its New Office Relocation and Expansion
Orange County, CA, November 1, 2013 —FirstService Residential, California's leading property management company, today announces signing an office space lease with the Irvine Company for its building at 15241 Laguna Canyon Road, Irvine, Ca. The California headquarters for FirstService Residential will occupy the entire building for all its companies located in Orange County which includes 225 staff out of a total of more than 650 employees statewide. Office construction is planned for completion in June 2014. FirstService Residential in California includes residential property management, commercial association management, builder and developer consulting services, and escrow services.
"The decision to relocate our corporate headquarters to accommodate growth and expansion was always about finding the best solution for our associates. This move allows us; to serve the needs of those associates in an environment that provides an enhanced sense of fun and enjoyment in the workplace, incorporates the latest ideas and innovation in efficient work space design, while also incorporating an internal branding effort that will infuse a feeling of pride and professionalism," says Bob Cardoza, FirstService Residential President in California.
Scott Mehlberger, Senior Vice President, Finance and Operations, West Region for FirstService Residential stated, "The timing of this move could not be better, as it allows us to enter into a long-term relationship with an exceptional business partner such as the Irvine Company. This partnership provides a great platform for us to become a strong business, civic and community partner to the city of Irvine. We look forward to that involvement."
The commercial association management business known as Mar West Real Estate will jointly move to the new location. Mar West Real Estate was acquired by FirstService in December of 2012 and brings decades of expertise to the management of commercial associations throughout the Western U.S.
In addition, the company formerly known as Merit Association Services will also relocate to the Irvine building. The company provides association forward planning and budgeting services to many of the nation's largest and well respected home builders and land developers throughout the United States, including the new prestigious Rancho Mission Viejo being developed in South Orange County.
The office is located in the Discovery Business Center, which offers easy access to the 5, 405 and 133 freeways and the 241 Toll Road. The City of Irvine's iShuttle offers two convenient routes that connect directly to Irvine Station where both Metrolink and Amtrak operate. Amenities include a state of the art fitness center, BBQ stations, café style seating and outdoor lounge areas all with complimentary Wi-Fi. Ample on-site surface parking and adjacent retail amenities also add value to this premier office complex. The interior office space provides energy efficient open space design, natural light along with multiple conference rooms and a 2,000 square foot meeting space.
About FirstService Residential
FirstService Residential, previously known in California as Merit Property Management, is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. As the largest residential property manager in North America, FirstService Residential oversees more than 6,000 properties and 1.5 million residential units across 21 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and managing in excess of $6 billion in annual budgets. For more information, visit www.fsresidential.com.