Irvine-based Advantage Sales and Marketing LLC, one of Orange County’s largest privately owned companies, is moving its headquarters after signing a big lease for the new 18100 Von Karman office tower near John Wayne Airport.
Advantage Sales, which handles sales and marketing for grocery and other consumer products makers, signed a 48,468-square-foot lease at the Irvine Company building.
The company will be taking the top two floors of the 10-story tower, which is part of Irvine Co.’s five-building Irvine Towers campus.
Advantage Sales will move early next year into the building that will bear its name next to the San Diego (I-405) Freeway.
Terms of the seven-year lease were not disclosed.
Advantage Sales’ headquarters now are a few blocks away, at 19100 Von Karman Ave. The company employs nearly 250 people in OC.
The office will allow the company to consolidate operations on two adjacent floors, according to Sonny King, Advantage Sales’ chairman and chief executive.
The Business Journal estimates Advantage Sales’ revenues to be nearly $1 billion annually; it ranked No. 11 among the county’s largest private companies this year, according to the Business Journal’s May list.
