Irvine, California based Premier Business Centers has acquired two executive office centers. One location in Newport Beach was purchased from DBS. The other location is a new penthouse suite with spectacular views that was opened in the heart of the Beverly Hills triangle on March 1, 2004.
The Newport Beach location is 16,700 square feet and is in the Wells Fargo Building/Koll Center at 4590 MacArthur, Suite 500, Newport Beach, California. The new Beverly Hills suite is 15,035 square feet and is located at 9595 Wilshire Boulevard, 9th Floor Penthouse, Beverly Hills, California. The Newport Beach location includes 48 offices in a Class A building providing panoramic views of John Wayne Airport. The Beverly Hills location includes 77 offices and workstations in the Penthouse of a nine-story building located in the in the heart of Beverly Hills on Camden and Wilshire, one block from Rodeo Drive. Newport Beach based Robert Rush of US Realty Group represented Premier Business Centers in the negotiation of both new leases at each location with each landlord.
Premier Office Centers currently operates one of the largest executive suite operations in the United States with twenty-five locations in California, Washington, and Texas. Premier Business Centers plans to make improvements to each center including upgrades in common areas, phone systems, and copying and computer equipment. The company has plans to acquire and develop 50 executive suite centers over the next five years throughout the Western United States.