UBS, which signed a long-term deal for the space, is the firstkey anchor tenant at 20 Pacifica. Val Wheeler, president of theIrvine Co. office properties division, says that the move willcombine UBS operations from the northern and southern portions ofthe county by moving about 50 wealth managers from Mission Viejoand Orange, where UBS has operated in low-rise, campus-styleoffices for nearly two decades.

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Clad in travertine, 20 Pacifica was the first new high rise toopen in Irvine Spectrum since 1990, when the Irvine Co. debuted its366,000-sf, 14-story office tower at 8105 Irvine Center Dr. UBS isbuilding its space out to above-standard design specs, according toMichael Goldfader, director and branch manager for the firm'sOrange County office.

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

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

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The 20 Pacifica and 40 Pacifica towers are across the streetfrom the 1.1-million-sf Irvine Spectrum Center, which during thepast two years has added the first pairing of Nordstrom and Targetanywhere and 25 other shops to its roster of shopping andrestaurant tenants.

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The Irvine Co. also recently completed a resort-like, 1,550-unitapartment community called the Village at IrvineSpectrum Center. The Village is a 31.5-acre project thatcombines the apartments and 8,000 sf of retail space in fourdistinct four-story mixed-use districts designed by the locallybased architectural firm of MVE & Partners Inc.

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