Ignify Relocates Headquarters and Signs New Lease in Realm Group's Downtown Long Beach Building

LONG BEACH, Calif., Jan. 20, 2012 /PRNewswire/ -- Ignify, a privately held ISO 9001 Certified Company focused on enterprise resource planning, customer relationship management, and ecommerce software solutions, recently signed a lease in Realm Group's newly acquired Long Beach office building. The company is relocating its headquarters to 200 Pine Avenue, a prime location situated in the heart of Downtown Long Beach. They will occupy the entire fourth floor of the 67,000-square-foot building.

The Realm Group acquired the property for $9,580,000 or $143 per foot. The 67,000-square-foot building contains 54,000 sf of office and 13,000 square feet of ground floor retail space, whose current tenants include Octopus Restaurant and Gaucho Grill. The building features panoramic ocean and skyline views and also provides its tenants with convenient on-site parking. It is walking distance to numerous retail amenities and housing opportunities.

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Sandeep Walia of Ignify stated, "We chose 200 Pine because of the excellent location at the corner of Broadway & Pine, allowing for high traffic visibility and accessibility. Many of our employees enjoy residing in an urban area where they can live, work, and play. The 200 Pine building also had a significant renovation completed recently, resulting in high-quality interior finishes in the lobbies, hallways, and other common areas. The location allows for high-quality data access which is important to our clients and business."

Similar qualities also attracted Realm Group's Darrin Olson, who purchased the location in 2011. "This particular space was appealing to all parties as it is located in one of the highest traffic areas in Downtown Long Beach. With its convenient on-site parking, abundance in amenity options, and a robust amount of foot traffic, the building's tenants have accessibility to all means of running a successful enterprise." 

Brokers in the transaction were Noel Aguirre (tenant) at Lee & Associates and Bob Alperin (landlord) at Cushman & Wakefield.

About Ignify:

Ignify is a privately held ISO 9001 certified company focused on the mid-market and enterprise business space for ERP, CRM, POS and eCommerce implementations. Ignify has been included as the fastest-growing business in North America for four years in a row by Deloitte, Inc Magazine and Entrepreneur Magazine. Ignify was ranked in the Red Herring Global 100 Most Innovative Companies in 2011 - this list represents the top businesses world-wide with disruptive and innovative technology. To complement its ERP, POS and CRM Services, Ignify offers a comprehensive set of Business to Business (B2B) and Business to Consumer (B2C) eCommerce solutions for increasing online sales while lowering overall operation costs. Ignify has team members and offices in Los Angeles, Silicon Valley, Seattle, Nashville, Phoenix, Chicago, Toronto, Manila, Pune, Bangalore and Hyderabad. For more information, visit http://www.ignify.com or call 888 IGNIFY5.

About the Realm Group:

Realm Group is a joint venture between Realm Real Estate and The Bascom Group to acquire value-added office properties and develop office and multi-family buildings throughout Southern California in both urban and suburban submarkets.  http://www.realmre.com

Contact: Darrin Olson
REALM GROUP, LLC
4590 MacArthur Blvd., Suite 500
Newport Beach, CA 92660
ofc: 949.975.1122
[email protected]
http://www.realmre.com

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SOURCE Realm Group, LLC