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Koll Real Estate Group is about to snag Orange County's largest law firm as the first tenant for its planned 178,000-square-foot office building in the Irvine Concourse office complex.
The Newport Beach-based development firm is close to inking Costa Mesa-based Rutan & Tucker to a 10-year deal for about 100,000 square feet, one of the biggest office leases in the county this year. The lease rate will be roughly $2.50 per square foot, a reflection of the tight office market in the airport area and the lack of ongoing development activity.
Rutan & Tucker,...