Quest Software Inc. has signed a four-year, $4.5 million lease for a 65,000-square-foot building in Irvine, where the company plans to expand its rapidly growing operations.
Quest Software’s headquarters is in a nearby building at 8001 Irvine Center Drive. The additional space at the freestanding, two-story building at 15253 Bake Parkway will be used to house new workers the software company is planning to hire. Occupancy is scheduled for next month.
Quest, which makes software that helps Oracle Corp. databases and other network applications run more smoothly, counts 359 Orange County employees, which is up 89% from a year ago.
“This transaction is another example of the high-tech industry’s commitment to Orange County,” said Royce Sharf, corporate managing director of the Orange County office of Julien J. Studley Inc., which represented Quest Software. “The area’s vast supply of functional flex-tech and low-rise office space, a large pool of skilled labor, close proximity to other tech firms and business-friendly climate are earning it a global reputation that rivals Silicon Valley.”
In addition to Sharf, Julien J. Studley’s Scott Granger represented Quest in the transaction. The landlord, Wells Real Estate Funds, was represented by Mark Zuvich and Jeff Cannon of the Irvine Spectrum office of Cushman & Wakefield.
