Wednesday , November 27 2024
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Industrial Market Stays Hot
Industrial Market Stays Hot

Company to put its entire operation under one roof

Airbus DS Communications Inc. in Temecula, which makes public safety communications systems, is consolidating.

The company has signed a 12.5-year lease on a 106,760-square-foot industrial building at 41995 Zevo Drive, according to a statement.

The lease is worth $21 million. The company will move its two Temecula operations into the building early next year.

Airbus will occupy nearly half the building, which will serve as the company’s North American headquarters.

Avison Young, a commercial real estate brokerage based in Canada, represented both parties in the lease negotiations, according to the statement.

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