X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORANGE, CA-Specialty insurance firm CalSurance has signed a $5.5 million lease for 35,707 sf of office space at 681 S. Parker St. in the Orange Financial Center, where the company expects to move in December in a relocation from elsewhere in Orange. Length of the lease was undisclosed.

Landlord Arden Realty Inc. says CalSurance, a subsidiary of independent insurance intermediary Brown & Brown Inc., will be occupying about half of the 681 S. Parker St. building, which is being vacated by Kemper Insurance next month. Andy Batcheller, leasing manager for Arden, says the Los Angeles-based real estate investment trust is in negotiations to lease the remaining 36,227 sf at 681 S. Parker.

Royce Scharf and Scott Granger of Julien J. Studley represented the tenant, with Greg Brown and Drew Netherton of Cushman & Wakefield representing Arden. CalSurance provides a range of insurance brokerage and claims services, including claims adjusting, risk management and specialized coverage for unusual business risks.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.