Loansoft Moves to Berkeley Crossing
EMERYVILLE, Calif., June 16, 2004 – Loansoft, Inc., a provider of sales automation and loan origination systems for the residential mortgage industry, signed a 9,200 square foot sublease at 1608 4th Street in Berkeley. Loansoft locked in a four year lease that will commence August 1, 2004. Matt Elmquist and Alan Bernier of Aegis Realty Partners brokered the deal, representing the subtenant. WebMethods, Inc., based in Fairfax, VA is the sublandlord.
Founded in 1993, Loansoft, Inc., is a wholly owned subsidiary of GHR Systems, Inc., a provider of loan origination and processing technology. The company will be relocating its offices from 2930 Shattuck Avenue in Berkeley. The new office space will accommodate their overall employee growth due to increasing sales.
“The new office space will accommodate our current and future growth,” stated George Beier, President of Loansoft. “Aegis presented many real estate options in Berkeley and Emeryville and helped us arrive at the best overall terms and fit given our requirements.”
Aegis Realty Partners uncovered many direct lease and sublease alternatives in the Emeryville/Berkeley office market. “Loansoft was focused on remaining in this market given the central location for its employees. Given our focus on representing tenants we knew of many viable sublease options that were coming available. The economics of this lease are very favorable especially considering the quality furniture and IT infrastructure in place. Loansoft is receiving a great value,” said Matt Elmquist of Aegis.
ABOUT AEGIS:
Oakland-based Aegis Realty Partners is a full service commercial real estate brokerage firm. In the past two years, Aegis Realty Partners has represented clients in transactions totaling over 1.5 million square feet, and is unique among real estate brokerage firms for its focus on tenant representation. For more information about Aegis, visit the company’s website at http://www.aegisrealty.com.
For more information about Loansoft, go to http://www.loansoft.com



