Top Industry Veteran to Lead The Irvine Company’s San Diego Leasing Team

Brittain Cheney, a highly respected commercial real estate industry veteran, has been tapped to lead the leasing effort for The Irvine Company Office Properties’ growing portfolio of San Diego office buildings, officials announced today.

Cheney begins his new job as Vice President, Leasing for the San Diego region today. He will oversee a leasing team responsible for the company’s six Downtown Class A high rises and dozens of other office properties in University Towne Center, Sorrento-Mesa, Del Mar Heights and Mission Valley. He joins the company from Equity Office Properties, where he served as Managing Director of the Silicon Valley region.

“Brittain brings a wealth of experience in leasing, broker relations, and market assessment,” said Val Wheeler, President, The Irvine Company Office Properties. “He has built a well-respected reputation in the Silicon Valley marketplace. We believe his skills and leadership ability will translate well in San Diego, a market where we have built and owned office buildings for more than 25 years.”

Before EOP, Cheney worked as a Vice President of Commercial Property Services (CPS) from 1999-2006 in Santa Clara. Last year, Co-Star named him one of its Power Brokers of the Year.

“The Irvine Company sets the industry standard in terms of the quality of their properties and attention to detail paid to customer service. Their commitment to the best possible tenant and broker relations is also unrivalled,” Cheney said. “Not only do I join a fantastic team at a tremendous company, I get to live and work in San Diego – a dynamic market with a vibrant, diverse and growing business community.”

Earlier this year, the company purchased 22 office buildings totaling 2.5 million square feet, mostly in the University Towne Center, from The Blackstone Group following its acquisition of Equity Office Properties.

As a further investment commitment to San Diego, The Irvine Company is planning a new 34-story, 680,000 sq. ft. marble office tower at the corner of Pacific Coast Highway and Broadway downtown. Start of construction is expected in mid-2008.

More than two decades after making its first acquisition in San Diego, The Irvine Company now owns six large apartment communities and some of downtown San Diego’s premier high-rise office buildings, including One America Plaza, Symphony Towers, Wells Fargo Plaza, 225 Broadway, 101 West Broadway and 501 West Broadway. It also owns mid-rise and campus-style office properties in the La Jolla and Sorrento Mesa areas.