The lessee in the Deal of the Week was represented by Craig Irving, of The Irving Group. The lessor was represented by Jay Alexander and Tony Russell, of Jones Lang LaSalle (NYSE: JLL).
The deal was a renewal by NuVasive Inc. (Nasdaq: NUVA) of its 62,367-square-foot leasehold at 4545 Towne Centre Court, San Diego, from Arden Realty Inc. The property was leased for 12 months at $1.6 million.
In late 2004, NuVasive subleased the space from Gateway Computer for 97 months at $9,271,278.