NEWPORT BEACH, CA-Having outgrown it current space in the Irvine Spectrum area, Access360 has signed a new lease for a larger 62,814-sf facility in Irvine Spectrum’s Discovery Business Center. Details of the agreement were not disclosed.

Located at 15440 Laguna Canyon Rd., the firm, which is the world’s leading provider of resource provisioning management software, is expected to occupy the new facility in January 2001.

“Our employee base has grown almost fourfold since we opened our doors in Irvine Spectrum in January 2000,” says Yuri Pikover, president/CEO of Access360. “The Irvine Company has not only supported our growth, but has helped facilitate it by allowing us to relocate our headquarters to a more appropriate space within their portfolio prior to the expiration of our original lease.”

The company, which employed 60 people at the beginning of the year, now has 240 employees and expects to hire an additional 100 by the end of next year. Based in Irvine, Access360 has offices throughout the United States, Europe and Asia, helping large enterprise companies access an increasingly complex array of business resources, from databases and operating systems, to security systems and applications.

“Irvine Spectrum is home to many companies experiencing the type of unprecedented growth that Access360 has experienced. Because the Irvine Company owns such a diverse portfolio and is always developing new product, we can quickly respond to our tenants’ changing needs,” says Bob Williams, president of the Irvine Industrial Company, a division of the company’s Investment Properties Group.

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