(For more retail coverage, click GlobeSt.com/RETAIL.)
IRVINE, CA-L.A. Fitness and a Staples Office Superstore havesigned long-term leases for more than 62,000 sf in deals valued atan aggregate of $10.4 million, according to CB Richard Ellis. TheL.A. Fitness chain's lease, for 15 years, is a $5.2-million dealfor 42,000 sf, while Staples inked a deal for the same amount ofmoney for 20,550 sf for 10 years.
Both tenants signed for the space at the Woodbury Town Center atthe southwest corner of Irvine Boulevard and Sand Canyon Avenue.The center is part of the Woodbury master-planned community and isa development of the Irvine Co., which was represented by JamesDuke, Jeff Moore, and Barclay Harty of CB Richard Ellis in both ofthe leases.
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