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Wing Lung Bank US Headquarter’s Lease at Newport Beach Fashion Island

Tom Nguyen and Nelson Chau, represented Wing Lung Bank on the 17,630 square foot lease of the entire 16th floor of 520 Newport Center Drive, in Fashion Island – Newport Beach. Wing Lung Bank Limited, has been operating one of the oldest local banks in Hong Kong for over 80 years and is a wholly owned subsidiary of China Merchants Bank, the 6th largest commercial bank by total assets in China.  Wing Lung Bank Limited is moving its US Headquarters from its current location in Alhambra, California. It will be the first Chinese run bank to enter the Newport Center area.  Nguyen said,” Wing Lung Bank is a world-class institution catering to the top echelon of companies and clientele from Asia. They needed a corporate headquarters to match. The 16th floor of 520 Newport features sweeping views of the Pacific Ocean on one side and Fashion Island and rolling green hills on the other. It does not get much better than this anywhere. Nelson Chau and I are proud to have represented WLB in securing this top of the market space.”

Location

520 Newport Center Drive, Newport Beach, CA

Size

17,630 SF - entire 16th Floor

Tenant

Wing Lung Bank US Headquarters

Date

September 8, 2015

Category

Advisory