Sage Software Inc. Leases More Space

Sage Software Inc., the British-owned accounting software firm, extended the lease on its corporate headquarters facility in the Irvine Spectrum for eight years on Thursday, and leased a 68,000-square-foot building nearby on Technology Drive. Financial details of the leases were not disclosed. The new space will help house the fast-growing company, whose staff in Irvine has grown 20% in the last year to about 400 employees. Cushman Realty Corp. acted as an advisor to Sage on the transaction. Sage Software is a subsidiary of The Sage Group plc.