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ONTARIO, CA-IndyMac Bank has signed a 74-month lease for 40,000 sf of office space at Costa Mesa-based Armstrong-Butcher’s new Airport Corporate Centre in one of the largest office leases in Ontario this year, according to CB Richard Ellis. Natalie Bazarevitsch, one of six CBRE brokers who put the deal together, tells GlobeSt.com that the new space represents an expansion from 10,000 sf that IndyMac now occupies elsewhere in Ontario. IndyMac was represented by Todd Doney of the Los Angeles office of CBRE, along with Bazarevitsch, John Oien and David Waggoner of the Ontario office. Armstrong-Butcher was represented by Taylor Ing and Michael Day of the Ontario office. The lease is valued at more than $6 million. The bank will occupy the top two floors of Airport Corporate Centre at 3300 E. Guasti Rd. and is expected to move in late this year. It will add an estimated 150 additional jobs to its existing Inland Empire operations, which currently employ approximately 100 workers, according to Dale Lazerson, VP of corporate real estate for IndyMac.IndyMac is one of a number of companies based in Los Angeles and Orange County that “have been eyeing the Ontario market for a while now,” Ing notes. As housing and population have boomed in the Inland Empire in recent years, financial and professional services firms have been establishing offices here and expanding existing operations. Armstrong-Butcher is one of a number of developers that have broken ground on new Inland Empire office projects in recent months to capitalize on the growing demand for office space. Its Airport Corporate Centre is a 350,000-sf project being developed in three phases, the first of which consists of eight buildings totaling 118,000 sf.Airport Corporate Centre will become part of the Centrelake development adjacent to the Ontario International Airport on East Guasti Road between Turner and Haven avenues. Phases II and III will include a minimum of nine buildings and will offer build to suit opportunities.

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