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REAL ESTATE: Accounting firm lured by name on building, layout
KPMG LLP, Orange County's third-largest accounting firm by employee count, is moving its local operations from Costa Mesa to the Irvine Spectrum.
The audit, tax and advisory services firm has signed a 10-year lease to relocate to Irvine Company's 20 Pacifica building, one of two office towers the Newport Beach-based developer built in 2007 in the Spectrum, alongside the San Diego (I405) Freeway.
KPMG is leasing 43,277 square feet of space at 20 Pacifica. It will be moving there from Plaza Tower near South Coast Plaza in May.
The firm counts close to 400 employees in the county, including an estimated 120 accountants.
About 300 employees are moving to the new office, according to Dean Samsvick, managing partner of KPMG 's OC office.
Another 100 local employees are based in Cypress, as part of KPMG's forensic accounting division, and aren't part of the move.
As part of the lease, KPMG will get its name on the top of 20 Pacifica-a big selling point for the firm, Samsvick said.
The company's key competitors-Deloitte LLP, Ernst & Young LLP and...