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FOOTHILL RANCH, CA-American Sterling Bank and Kaiser Aluminum have signed for a combined 48,600 sf at the 208,620-sf Foothill Plaza office complex, bringing occupancy there to 85%, according to project owner CT Realty Corp. of Newport Beach, which acquired the property in 2002 in a joint venture with Newport Beach-based Searles DevCorp. The 10.5-acre, class A corporate office property is located at 27422 and 27442 Portola Parkway.Total combined consideration for the two new leases with American Sterling and Kaiser Aluminum is $6.9 million. With the new deals, some 176,800 sf of the Foothill Plaza project has been filled. Don Nourse of the Newport Beach office of CB Richard Ellis represented CT Realty in the two latest leases. Marc Belluomini, EVP for CT Realty, reports that the American Sterling Bank lease was for 31,600 sf for six years, with American Sterling Bank represented by Barry Gaile and Rich Essen of Cushman & Wakefield’s Irvine office. Kaiser Aluminum signed for 17,000 sf for five years and was represented by Paul Meyer of Tenant Advisors in Irvine. Other tenants at the office property include Home Star Mortgage Services, Skilled Healthcare, Penske Truck Leasing, iBaset, Debysis, Psigen Software, BPB Gypsum and Sterling Enterprises. The Foothill Plaza office buildings are part of a larger site that also includes a Marriott Courtyard and several retail food service outlets.The Foothill Plaza leases continue what has been a strong year for office leasing in Orange County, according to brokers from a number of firms. Among other recently signed deals was a $3.5-million renewal by Choicepoint Services for 33,000 sf at 3075 E. Imperial Highway in Brea, which was represented by the CB Richard Ellis team of Rick Sherburne, Alex Hayden and Travis Boyd of CBRE’s Newport Beach office, along with Stephanie Marino of CBRE’s Atlanta office. Building owner FE Colyear Properties LLC represented itself.Sherburne, Hayden and Boyd also report that Ashland Inc. renewed its lease for 21,500 sf in a $3-million lease at 1851 E. First St. in Santa Ana, with the CBRE brokers representing Ashland and landlord NNN 1851 E. First St. LLC representing itself.

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