Pacific Life Plans Aliso Offices; 1,000 Workers

From: Orange County Business Journal | Date: April 10, 2006| Author: | Copyright information

Newport Beach-based Pacific Life Insurance Co., Orange County's largest private company, plans to move as many as 1,000 workers to an eight-story office tower it is set to have built in Aliso Viejo by early 2008.

The life insurance company just signed a letter of intent to buy up to 5.5 acres of land at the Summit Office Campus, the 1 million-square-foot office campus off the San Joaquin Hills (73) Toll Road.

The land could support a building as big-as eight stories with 242.000 square feet of space, said Lee Redmond III, chief executive of Parker Properties LLC, developer of the Summit.

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