UBS, which signed a long-term deal for the space, is the first key anchor tenant at 20 Pacifica. Val Wheeler, president of the Irvine Co. office properties division, says that the move will combine UBS operations from the northern and southern portions of the county by moving about 50 wealth managers from Mission Viejo and Orange, where UBS has operated in low-rise, campus-style offices for nearly two decades.

Clad in travertine, 20 Pacifica was the first new high rise to open in Irvine Spectrum since 1990, when the Irvine Co. debuted its 366,000-sf, 14-story office tower at 8105 Irvine Center Dr. UBS is building its space out to above-standard design specs, according to Michael Goldfader, director and branch manager for the firm's Orange County office.

"We are definitely aiming for the 'Wow!' factor," Goldfader says. He explains that the UBS space will feature curved cherry wood walls, light-colored marble floors and floor-to-ceiling glass to maximize enjoyment of some of the region's best views. UBS retained Ted Moudis and Associates to design its space.

The Irvine Co. represented itself in the lease, with UBS represented by Jeff Woolf of the Los Angeles office of Cushman & Wakefield. Terms of the lease were not disclosed; a recent Cushman & Wakefield market report lists the asking rate for class A office space in the Irvine Spectrum at $3.27 per sf per month on a direct basis.

The 20 Pacifica and 40 Pacifica towers are across the street from the 1.1-million-sf Irvine Spectrum Center, which during the past two years has added the first pairing of Nordstrom and Target anywhere and 25 other shops to its roster of shopping and restaurant tenants.

The Irvine Co. also recently completed a resort-like, 1,550-unit apartment community called the Village at Irvine Spectrum Center. The Village is a 31.5-acre project that combines the apartments and 8,000 sf of retail space in four distinct four-story mixed-use districts designed by the locally based architectural firm of MVE & Partners Inc.