JLL represents Aerospacelab in new 34,734 SF industrial lease in Torrance, CA

  

Tina Ghataore

LOS ANGELES, CA – Confirming continued manufacturing growth in Los Angeles’ South Bay area, JLL announced it has represented Aerospacelab in a new lease for a 34,734 square-foot industrial building located at 20000 South Vermont Avenue, Torrance, California.  The building also includes 6,700 square feet of office space. 

 

Caroline Bethel

This will be Aerospacelab’s first factory in the U.S. to ramp up satellite bus production with full builds and satellite operations for U.S. customers, while buildingtheir own units in-house.

Kamil Agha

“This was an ideal location for Aerospacelab because of greater Los Angeles' serving as a booming aerospace hub for start-ups in close proximity to the U.S. Space Force Base, Space Force Space Systems Command offices, major contractors, and other aerospace companies” said Tina Ghataore, group chief strategy and revenue officer at Aerospacelab and its CEO for North America. 

 

 “This facility will be used to build world-class spacecraft and be surrounded by like-minded companies with similar goals and ideas.  We look forward to our continued growth in this region and throughout the world.”

Gary Horwitz

JLL’s Caroline Bethel, Kamil Agha and Gary Horwitz represented Aerospacelab in the lease. The landlord, Park and Lauren, LLC, was represented by James Kong and Kevin Kim of Coldwell Banker Commercial.

 

“Demand for manufacturing space in the South Bay is on the rise as new startups in aerospace, defense and hard tech continue to emerge and companies are capitalizing on the rich labor pool in the market,” said Bethel, a senior associate with JLL.

 

 

 

About JLL

James Kong 

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties.

 

 A Fortune 500 company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise.

 

Kevin Kim

Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 

 

 

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