Newmark Represents West Capital Lending in its Acquisition of Class A Headquarters Office Building in Irvine, California

March 5, 2026 12:00 PM

Newmark announces the Company has represented West Capital Lending in its $23.75 million acquisition of 17911 Von Karman Avenue, a premier 104,375-square-foot, five-story Class A office building located in the Irvine Concourse submarket of Irvine, California.

In the owner-user transaction, West Capital Lending, a leading mortgage brokerage and direct lending company specializing in residential mortgage loans, will occupy approximately half of the building, with a presence on the third, fourth and fifth floors, to establish a significant corporate headquarters presence. Two additional tenants continue to occupy the first and second floors.

"17911 Von Karman presented us with the opportunity to acquire a Class A office building in the heart of the Orange County Airport market. This building will allow our company to continue to grow while providing our employees with a first-class working environment surrounded by a robust amenity base," said Eric Hines, Co-Founder, West Capital Lending. "We could not be more excited to move our headquarters to the Irvine Concourse submarket."

Newmark Executive Managing Directors Jay Nugent and Scott Read represented the buyer in the transaction. The seller was John Hancock Life Insurance, which had owned the building since 2016.

Strategically positioned in the award-winning Irvine Concourse, the building offers immediate access to the San Diego (I-405) Freeway, proximity to John Wayne Airport and a wealth of nearby amenities including restaurants, retail, hotels, fitness centers and more. The Irvine Concourse is renowned as one of Orange County's premier business districts, providing connectivity and a high-quality corporate environment.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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