Maguire Properties Signs Approximately 45,000 Square Foot Lease with InnovaSystems International, Inc.

Maguire Properties, Inc., a Southern California-focused real estate investment trust, announced today it has executed a new lease with InnovaSystems International, Inc. for approximately 45,000 square feet at 2385 Northside Drive, which is part of the Mission City Corporate Center in San Diego, California. InnovaSystems is expected to take occupancy in the first quarter of 2010.

Mr. Nelson C. Rising, President and Chief Executive Officer, commented, “We are very pleased with the execution of this lease. InnovaSystems’ selection solidifies Mission City Corporate Center as a premier office campus offering a range of amenities in an ideal location.”

The Company previously announced it had extended the maturity date of the construction loan for this new building to August 2010.

InnovaSystems was represented by Randall Wood and Joseph Bernstein of Jones Lang LaSalle Americas, Inc. Peter Johnston, Christopher Powers and Stefan Khudic represented Maguire Properties in the transaction.