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Clean Energy Fuels Corp. Renews 49,000 SF Office Headquarters in Newport Beach, CA

4/20/2021
IRVINE, Calif., April 20, 2021 – Cushman & Wakefield announced today that Clean Energy Fuels Corp. has extended the term on its 49,034 square foot Class A office headquarters at MacArthur Court in Newport Beach (Orange County), California.

Clean Energy occupies two-and-a-half floors in the 15-story high-rise located at 4675 MacArthur Ct. The property is owned by The Irvine Company.

Rick Kaplan, Patrick Ryan and Chon Kantikovit with Cushman & Wakefield’s Irvine office represented the tenant in the transaction.

“This long-term renewal by Clean Energy marks a significant commitment by the company, as well as significant transaction for our office market, particularly as we negotiated the lease whilst during the ongoing adversity of the pandemic,” said Patrick Ryan. “Our team was also able to secure a favorable rent structure, and paramount to the terms is that Clean Energy will have prominent building top signage on the 15-story high rise providing exceptional visibility from major nearby roadways and highway traffic, as well as air traffic via John Wayne Airport.”

“Clean Energy has a mission of providing a product that allows our customers to achieve a cleaner environment for future generations,” said Barbara Johnson Bechthold, Vice President, Administration for Clean Energy. “Those same values are what we find in being headquartered at MacArthur Court, which provides us an environmentally-friendly workspace with first class office space and amenities.

Robert Vreeland, CFO for Clean Energy, commented, “It was an unprecedented time to be evaluating headquarter office space, so we really valued the work done by the Cushman & Wakefield team, which resulted in an outcome we are very happy with.”

MacArthur Court provides easy access to the 405, 55, 73 toll road, and John Wayne Airport, with surrounding amenities including outdoor workspaces, a private fitness center, and upscale shopping and dining nearby at The Square®.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

 

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Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • Costa Mesa

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.