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IRVINE, CA-Advantage Sales and Marketing, a consumer packaged goods sales and marketing agency, has leased the top two floors at 18100 Von Karman Ave., where Advantage will relocate its headquarters. The 18100 building is a 231,000-square-foot, 10-story office tower owned by the Irvine Co. that is part of the five-building, 1.1-million-square-foot Irvine Towers project near the John Wayne Airport.

Advantage is scheduled to move into the space early next year and will have building-top signage, according to Sonny King, chairman and CEO of Advantage Sales and Marketing. King says that the move will enable his company to consolidate its operations onto two adjacent floors with more options for configuring work spaces.

Financial terms of the seven-year lease were not disclosed; published asking rates for the space range from $2.65 to $2.85 per square foot per month, full service gross. Advantage was represented by Ken Ward and Brett Merz of Cresa Partners.

The deal with Irvine-based Advantage is the latest in a recent string of large office leases that the Irvine Co. and other building owners have signed in Irvine despite a weak Orange County office market in which vacancies have been rising since the demise of the subprime mortgage industry.

Other Irvine Co. deals range from a 90,000-square-foot lease with document imaging and technology company Kofax in the Irvine Spectrum to a 200,000-square-foot deal with the FDIC, which will open a temporary office to manage receiverships and to liquidate assets from failed financial institutions.

Leases signed by other building owners include Taco Bell restaurants’ commitment to a 181,000-square-foot building owned by Ford Motor Co. in Irvine and Hyundai Motor Finance Co.’s 100,000-square-foot lease at the Park Place complex owned by Los Angeles-based Maguire Properties Inc.

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