May 15, 2017 Comments Off on Airbus Signs $21M, 107K-SF Industrial HQ Lease Views: 929 California News, Inland Empire

Airbus Signs $21M, 107K-SF Industrial HQ Lease

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Airbus DS Communications, Inc. signed a 106,760-square-foot industrial lease valued at $21 million in Temecula, CA. The facility will serve as the North America headquarters for Airbus, one of the world’s largest providers of mission critical communications solutions.

Airbus will occupy 48% of the 223,360-square-foot, multi-tenant facility, situated on nearly 19 acres of land at 41995 Zevo Dr. The lease brings the property to 84%occupied.

Avison Young’s Corey Martin represented the tenant. Avison Young’s Stan Nowak advised the landlord, Zevo Drive Holdings, LLC.

Martin said, “Airbus is consolidating its operations from two other locations in Temecula, totaling approximately 97,500 square feet, in order to achieve better efficiencies of operation, accommodate current and future expansion needs and enhance employee collaboration. Move-in is anticipated for early 2018.”

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