ConAgra Foods Inc.’s restructuring has resulted in a sizable chunk of vacant space coming up for grabs at the Park Place office complex in Irvine.
Omaha, Neb.-based ConAgra is set to give up about 260,000 square feet of office and processing space this month when it closes its unit at Park Place near John Wayne Airport.
The headquarters for ConAgra’s grocery food unit, which includes its Chef Boyardee and Peter Pan divisions, has been based at Maguire Properties Inc.’s Park Place office complex along the San Diego (405) Freeway at Jamboree Road.
ConAgra is leaving about 164,000 square feet of corporate office space, and another 100,000 square feet of concourse space that had been used for food processing and
testing operations.
Jack McNutt and Chon Kantikovit of Grubb & Ellis Co.’s Newport Beach office have been tapped by ConAgra to sublease the space.
The brokers said they’d prefer to find one or two tenants to take up all the space, which was designed specifically for one company.
The buildings originally were built by Fluor Corp., which later left for Aliso Viejo and has since moved its headquarters to the Dallas area.
For more on this story, see the June 7 edition of the Business Journal.
