CBRE's Workplace360 office in The Boardwalk, Irvine, featuring hybrid-work spaces and regional artwork
Irvine, Orange County, California, August 16, 2025
CBRE has bolstered its Orange County presence with the appointment of Mark Damiani to its National Retail Partners team and the relocation of more than 400 employees to a new 52,749 sq. ft. Workplace360 office in The Boardwalk, Irvine. The move highlights hybrid-work design with collaborative rooms, enhanced video conferencing and regional artwork. Several other senior hires were announced across Parkview Financial, Buchalter, The Ardent Cos. and HLCI, while CBRE reported recent regional transactions including office sales in Orange and a Class A building trade in Irvine. The activity signals continued institutional interest and office repositioning in the market.
A flurry of senior hires and property deals is reshaping Orange County’s commercial real estate scene. The most notable moves include Mark Damiani joining a national retail investment team at a major broker and the opening of a new, large Workplace360 office in Irvine. Several other regional firms also announced senior appointments that strengthen development, lending and investment teams across the Western United States.
Mark Damiani has joined the National Retail Partners team at a leading commercial real estate firm as an executive vice president based in Irvine. Damiani arrives with nearly two decades of experience, having led roles at Eastdil Secured and HFF, and has been involved in more than 150 transactions totaling over $30 billion, primarily for institutional and private clients across the Western U.S. He will focus on institutional sales of retail properties. The firm’s national retail group reports handling more than $57 billion in investment sales across about 2,400 transactions and 336 million square feet to date.
In tandem with that hire, the same firm relocated and opened a new Orange County office within a development called The Boardwalk in Irvine. The new suite totals 52,749 square feet, split between the north and south towers and connected by an outdoor bridge with seating and Wi‑Fi. The space is presented under the firm’s Workplace360 model, which highlights flexible, technology-forward layouts for hybrid work. The office includes a central open lobby known as the Heart, a work lounge, a large conference room equipped with a cinematic digital screen system, multiple video‑enabled collaboration rooms, and a large media display for events.
The Boardwalk was developed by Trammell Crow Company, a global commercial developer that is a wholly owned subsidiary of the brokerage. The new office will house more than 400 employees and also accommodates the local Trammell Crow team. The move vacated a prior office in Newport Beach and concentrates a broad set of services locally, including investment sales, property and project management, valuations, debt and equity financing, and specialized consulting.
The firm also disclosed several local transactions. One sale closed for $15.45 million on a 90,191‑square‑foot office property at 725 West Town and Country Road in Orange. The buyer was a local purchaser; the asset offers strong highway access and a zoning overlay that presents options for investment, owner‑use, or residential redevelopment.
Separately, an investment arm sold a 310,925‑square‑foot Class A office tower at 2600 Michelson Drive in Irvine for $42 million. The 16‑story building includes recent lobby upgrades, EV charging, a conference facility and a fitness center, and is LEED Gold certified. The buyer was a Southern California investment trust; the sale team included senior brokerage and capital markets professionals who have also handled other recent regional office trades.
Several other firms announced strategic senior hires:
The combination of senior hires, a large new office, and active sales points to firms positioning for continued investment and development activity in Orange County and the broader Western market. New leadership roles emphasize construction lending and debt sourcing, while the workplace redesign highlights demand for hybrid work solutions as brokers and investors seek efficient collaboration and presentation space for clients.
Workplace360 is a flexible office model emphasizing collaborative rooms, technology for hybrid meetings, and unassigned seating. It aims to show clients practical ways to support hybrid and flexible work.
The new suite totals 52,749 square feet, split across the north and south towers of The Boardwalk and connected by an outdoor bridge area.
Mark Damiani joined a national retail investment team as an executive vice president based in Irvine. He will focus on institutional retail sales and brings extensive transaction experience across the Western U.S.
Two notable sales: a 90,191‑square‑foot office in Orange sold for $15.45 million, and a 310,925‑square‑foot Class A office in Irvine sold for $42 million.
Parkview Financial, Buchalter, The Ardent Cos., and Holt Lunsford Commercial Investments all announced senior hires focused on construction lending, legal counsel for real estate, debt sourcing and regional investments.
Item | Key details |
---|---|
New Irvine office | 52,749 sq ft across two towers at The Boardwalk; Workplace360 design; outdoor bridge; tech-enabled collaboration rooms |
Mark Damiani | Executive vice president focused on institutional retail sales; ~20 years experience; 150+ transactions; >$30B handled |
725 W. Town & Country Rd. (Orange) | 90,191 sq ft office sold for $15.45M; local buyer; strong freeway access; flexible zoning options |
2600 Michelson Drive (Irvine) | 310,925 sq ft Class A tower sold for $42M; LEED Gold; EV charging; 1,013 parking spots |
Parkview Financial hires | Scott Denham as head of nationwide construction; Abe Kohn VP of construction (Northeast) |
Buchalter additions | Two new shareholders in Pacific Northwest real estate practice covering development, renewables and leasing |
The Ardent Cos. | Matt Snyder joining as managing director in Chicago; Ardent manages about $3B in assets across 39 states |
HLCI hire | Matthew Sibley named VP for Houston investments overseeing sourcing, due diligence and construction |
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