Growing consumer lender CashCall Inc. has signed one of the larger office leases here in the past year.
The Fountain Valley-based company, which offers loans quickly over the phone or online, just signed a deal to lease 127,750 square feet of space at Arena Corporate Center, next to Honda Center in Anaheim.
CashCall is taking one of three buildings at the 382,000-square-foot complex, developed by Dallas-based Trammell Crow Co. in 2003.
The company is subleasing the space from Orange-based ACC Capital Holdings Corp.’s Ameriquest Mortgage Co.
The subprime mortgage lender, rumored to be up for sale, has been looking to sublease as much as 600,000 square feet of space in Irvine, Anaheim and Orange since last summer. The CashCall deal is the largest chunk of Ameriquest space subleased so far.
The Anaheim move more than doubles CashCall’s local space and is the second big office lease it has struck here in the past 18 months.
CashCall signed a seven-year deal for its current headquarters, which totals about 100,000 square feet, in mid-2005. It added another 30,000 square feet of space in Las Vegas late last year.
For more on this story, see the Feb. 12 edition of the Business Journal.
