Envista Holdings Corp., a prominent dental products maker, is set to relocate its headquarters from Brea to Irvine by 2028. The move follows a decade in Brea and is prompted by the planned demolition and redevelopment of the company's current facility. Envista, Brea's most valuable public company with a valuation near $3.8 billion, confirmed the relocation, with Chief Financial Officer Eric Hammes stating the new headquarters represents "an investment in our future and in our people."
The company has signed three separate leases totaling more than 120,000 square feet at Lakeview Business Center in Irvine, a campus owned by Newport Beach-based Irvine Company. The new headquarters will occupy three adjacent buildings at 100 Technology Drive and 15360 and 15370 Barranca Parkway. Lakeview Business Center offers various amenities, including outdoor collaboration spaces, barbecues, and onsite auto detailing services. One of the new buildings, 100 Technology Drive, was previously occupied by Bollinger Innovations. Job postings for Envista indicate the company expects to complete its relocation in the first quarter of 2028.
Envista's current 97,000-square-foot headquarters is part of the 34-acre Beckman Coulter campus in Brea. This campus was purchased by local developer Dwight Manley for $140 million in January and is slated for redevelopment into single-family homes and a new Costco for the area.
The departure of Envista, which reported 537 local employees in August, marks another significant blow to Brea’s office job base. Earlier this year, developers acquired the former Beckman Coulter campus, which once housed nearly 1,000 positions, with plans for housing development. Similarly, the multi-building office campus of Mercury Insurance, which employed almost 1,600 people pre-pandemic, was sold to Dwight Manley for $31.5 million in 2024. Manley later sold the 9.7-acre site to Hearthstone Inc., a division of Lennar Homes, for $45 million. The Brea City Council approved Lennar Homes’ proposal to redevelop this site into a residential development with 179 attached units. The Irvine Company also facilitated the relocation of another large Brea business, food supplier Young’s Market, to Irvine's Spectrum area last year.
Envista was spun out of Danaher Corp., a global conglomerate, in 2018 and became public the following year. Danaher had previously acquired Brea-based Beckman Coulter in 2011 for approximately $6.8 billion and closed on a $9.9 billion buyout of Irvine-based Masimo Corp. in 2023.
The company's three leases in Irvine represent the second-largest new office deal in Orange County this year, according to CoStar data. This follows a lease for a 254,000-square-foot campus in Irvine signed by Taco Bell and Habit Burger & Grill, which plan to relocate by spring 2028. These significant deals underscore a continued demand for large office campuses in Irvine, as Orange County’s office market shows gradual signs of stabilizing. CBRE reported that vacancy rates slightly increased to 13.3% in the second quarter, while availability decreased to 18%, down from the adjusted rate of 19.5% in the first quarter.
Envista, with over 12,000 employees companywide, owns more than 30 dental brands that are utilized in 200 million dental procedures annually. The company reported an 8% increase in revenue to $3 billion in 2025. In its second-quarter earnings reported in August, Envista posted revenue of $731 million, surpassing analysts’ expectations of $716.3 million. Management also raised its sales growth guidance for the year to a range of 3.5% to 4.5%. Chief Executive Paul Keel noted to analysts that the dental market “continued to show its characteristic resilience” amidst broader economic pressures, with patient demand remaining stable. Envista also continued its investment in product innovation, launching two new products during the second quarter: ZenSeal Pro, an all-in-one bioceramic endodontic sealer, and DemiPro, a lightweight cordless curing light.
