CIP Real Estate renewed their lease for their 5,529 square foot office located at 19762 MacArthur Blvd in Irvine.
The building is part of the Centerpointe business park located at the intersection of Jamboree Road and MacArthur Blvd.
During the transaction, CIP Real Estate was represented by Carson Bayless. The landlord, Kelemen Caamano Investments, was represented by Mac Mace of Wind Water Realty.
Earlier this year, Wind Water also represented Kelemen Caamano Investments when they acquired four office buildings at Centerpointe totaling 105,578 SF. The purchase satisfied KCI’s 1031 exchange and plans for creative redevelopment are in the early stages.