June 19, 2000

 

For More Information:

Donna Hahn

Hahn Communications

(949) 458-3983

                                                                        hahnmarketing@mailatlanta.net

 

 

 

WESTERN STATES TECHNOLOGIES SIGNS TEN-YEAR

            LEASE WITH MCI WORLDCOM

 

 

                                    IRVINE, CALIF. – The Irvine, Calif., office of Western States Technologies Inc., a Los Angeles-based real estate investment company, has announced that MCI WorldCom has signed a 10-year lease valued at $5 million.  MCI WorldCom, a global telecommunications company providing fully integrated local, long distance, international and Internet services, signed the lease for 49,000 square feet at Western States Technologies’ development.  The property is located at 16901 Jamboree Rd.

in Irvine.

According to Todd Miller, vice president of Western States Technologies, MCI WorldCom plans to use the space for a new data center.  The Jamboree site will have  optic telecommunications, Internet access and content hosting, and will also serve as a  network management transmission facility with local and long-distance switch, node and collocation communications.

                                    “MCI WorldCom sought a well-located site with the capacity to accommodate a wide range of technological needs,” Miller said.  “We look forward to providing MCI WorldCom with a data center that not only meets today’s demands, but can also be adapted to handle innovations of the future.”

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WESTERN STATES TECHNOLOGIES SIGNS TEN-YEAR LEASE WITH MCI WORLDCOM – PAGE TWO

 

            Western States Technologies was represented in the transaction by Jeff Mitchell and Dave Travis of Voit Commercial Brokerage’s Irvine office.  Rhonda Siegrist and William White from the Torrance, Calif., office of Colliers Seeley represented MCI WorldCom.

            Western States Technologies was established in 1985 in Los Angeles.  The company concentrates on the successful development, acquisition and rehabilitation of industrial and office properties.  Currently, the company owns and manages a mixed-use portfolio totaling more than one million square feet with more than 100 tenants in Los Angeles, Orange, Riverside, San Bernardino and Ventura counties.  By incorporating its strong, hands-on asset management approach, the company has averaged occupancy rates of more than 97 percent portfolio-wide over the past five years.

 

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aw/western/mciworldcom.doc

6/19/00


 

 

 

 

 

 

The news release “Western States Technologies Signs Ten-Year Lease With MCI WorldCom” was distributed on Monday, June 19, 2000 to the following:

 

 

Publication                                                                Contact

 

California Real Estate Journal                                      Julie Nakashima

Commercial Property News                                        West Coast Editor

Costar                                                                        Peggy Enright -- email

Crittenden                                                                   Juan Sierra

Development                                                               Ron Derven

FM Data Monthly                                                       Lysa Lewallen

Irvine Citizen                                                               Paul Danison

Irvine Spectrum News                                                 Warren Esterline

Irvine World News                                                     Don Dennis

Los Angeles Business Journal                                      Elizabeth Hayes

Los Angeles Times                                                      Roger Vincent

                                                                                   Jesus Sanchez

                                                                                   Daryl Strickland

National Real Estate Investor                                       Melanie Gibbs

OC Metro                                                                  Kevin O’Leary

Office & Industrial Properties                                      Edward McNeill

Orange County Register                                              Real Deals

                                                                                   Jennifer Hieger

Orange County Report                                                Art Barrett

Professional Report                                                     Linda Nasvaderani

Real Estate Forum                                                       Michael Desiato

Real Estate Review                                                     Evan Brier

Real Estate Southern California                                    Dave Myers

Rentv.com                                                                  Steve Bloom

Southern California Land                                             Barry Fain

Western Real Estate News                                          John Shuman -- email

 

 

cc:        Todd Miller

            Scott Venturelli

            Pacific Clipping Service

            Allen’s Clipping Service