The new tenant for Los Angeles-based Maguire is US Bank NationalAssociation, which has signed a 10-year deal for space at theL.A.-based office REIT's 3121 Michelson Dr. office tower atMaguire's 105-acre Park Place mixed-use campus. The lease isscheduled to begin in August.

Nelson C. Rising, president and CEO of Maguire, notes that USBank is a longstanding tenant with the REIT, dating back to 2002when the bank became a tenant at what is now US Bank Tower inDowntown Los Angeles, where it now occupies nearly 165,000 squarefeet. Joseph Otting, Los Angles-based vice chairman of commercialbanking for US Bancorp, says that the new lease follows US Bank'srecent growth, which included the acquisitions of Mellon 1stBusiness Bank, Downey Savings and Loan and PFF. The bank wasrepresented by Nick Christensen of CB Richard Ellis, with Maguirerepresented internally by Peter Johnston and Stephan Khudic.

In the next largest of the four deals, telecommunicationsprovider Nexus IS Inc. signed a five-year lease for13,963-square-foot lease at the 204,000-square-foot Alton CorporatePlaza, at 1733 Alton Parkway in Irvine. Nexus IS is expected tooccupy the space in July, according to Gary McArdell, associatevice president of the Newport Beach office Grubb & Ellis, whorepresented the tenant. The building owner, Legacy Partners, wasrepresented by Brian Garbutt of Lee & Associates.

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