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WESTLAKE VILLAGE, CA-Tenants have signed leases for 102,000 square feet of office space in recent months at two buildings owned by TIAA-CREF at Westlake North Business Park, according to Downtown Los Angeles-based IDS Real Estate Group, which is the property manager for the buildings. Westlake North is a 198,558-square-foot class A office campus at 30699 and 30721 Russell Ranch Rd., near Lindero Canyon Road and the Interstate 101 (Ventura) Freeway.

The new leases that TIAA-CREF signed include deals with iPayment Inc. for 31,665 square feet, Key Health Group Inc. for 12,035 square feet, Remax Olson for 8,403 square feet, Velocity Commercial Capital for 7,160 square feet, Pro Tect Management for 3,312 square feet and Shea Properties for 3,263 square feet. The 102,000 square feet of deals also includes a deal with ValueClick for 36,506 square feet that was reported previously on GlobeSt.com.

TIAA-CREF was represented in all seven leases by senior vice president David Saeta and manager Eric Gutshall of IDS, along with Jim Lindvall of Jones Lang LaSalle, all of whom are co-listing agents for Westlake North Business Park. IPayment was represented by Josef Farrar of UGL Equis, Key Health Group by Bryan Lewitt of Cushman & Wakefield, Velocity Commercial Capital by Chris Houge and John Mudgett of Madison Partners, Pro Tect Management by Rick Gold of NAI Capital, Shea Properties by Tom Dwyer of CB Richard Ellis and ValueClick by Carlo Brignardello of CresaPartners.

IDS originally developed Westlake North as a three-building business park. It then sold one building to the Miller Bros., who subsequently sold it to Arden Realty. IDS sold the other two buildings, which are now 89% occupied, to TIAA-CREF in 2004.

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