Design for New Office Build Revealed

IRVINE, CA—A joint venture between international real estate firm Hines and Oaktree Capital Management LP has revealed architectural-design plans for 17850 Von Karman, a 242,000-square-foot, nine-story, class-A office building to be constructed here. Gensler is the architect for the project, which is slated for Irvine’s Main Corporate Center near the John Wayne Airport.

The JV had purchased the development site in 2013. Located on the corner of Main St. and Von Karman Ave. in the heart of the airport area’s Irvine Business Complex submarket, the building will have a strategic position that offers immediate access to the I-405 and 55 freeways and close proximity to I-5, 73 and 133 freeways. More than 15 restaurants and bars, two health clubs and four hotels are within walking distance of the site.