June 2, 2015
Builders will break ground Thursday on the latest expansion of an Aliso Viejo corporate campus, to host the new headquarters of the medical instrument firm MicroVention. The new headquarters will be a four-story, 205,000-square-foot facility built to accommodate more than 800 MicroVention employees.
“MicroVention, Inc. has been an innovation center for Terumo, consistently developing new products. Aliso Viejo, and the surrounding region, is one of the leading medical technology business clusters in the U.S. and offers access to a large pool of “med tech” experts. This move will allow Terumo to be firmly poised for accelerating interventional business growth worldwide,” said Richard Cappetta, president and CEO, MicroVention.
Jeff Cannon, corporate managing director, Savills Studley, represented MicroVention, and a CBRE team led by Carol Trapani represented Parker Properties, in the transaction. HFF acted as the capital markets advisor representing Parker Properties.