, said the Las Vegas conmpany had initially listed a portion of the space for sublease before deciding to list the entire office at the beginning of January. It has occupied the space since 2006.
“Work from home continues to gain popularity, and companies are looking to cut real estate costs,” Arnold said. do not list asking rents. Arnold, who said Rimini continues to occupy a portion of the building but has listed the entire space to gauge market interest, declined to provide additional details.
Rimini, which could not immediately be reached for comment Tuesday, has grown its footprint in the building several times over the years. Its most recent expansion at 6601 Koll Center,, took its footprint there from just less than 65,000 square feet to the 69,603 square feet it is now marketing for sublease.
In documents filed with the U.S. Securities and Exchange Commission as recently as last March, Rimini said it was “expanding in multiple locations globally,” a trend that could push the company to search for additional office space. It was not clear where the firm, which leases office space in Chicago, New York City and nearly two dozen other locations worldwide, had sought to expand.
, one of the software providers whose products it services, since 2010, when Oracle accused the firm of copyright infringement. Rimini ultimately paid out $89.9 million to Oracle in 2016 and agreed to cease using certain support processes the court deemed infringement. Oracle filed a motion in 2020 accusing Rimini of being “in contempt of that injunction,” according to Rimini’s filings. The two parties are scheduled to make oral arguments before a court early this year.