Outsource Manufacturing, Inc. SIgns $2M Lease at Carlsbad Research Center
12 Jan, 2010, Carlsbad
The San Diego office of Cushman & Wakefield announces that Outsource Manufacturing, Inc., a San Diego-based contract manufacturing company, has signed a five-year, $2,053,182 lease for 59,860 square feet of industrial space in Carlsbad Research Center at 1600 Faraday Ave., Carlsbad, Calif. (92008).
"Our expansion into this new building is another sign of our commitment to the local San Diego market," said Ted Fogliani, president and CEO of Outsource Manufacturing. "We have proven that we can compete on a global level by manufacturing product right here in San Diego, and now have one of the largest footprints of any contract manufacturing firm in San Diego. Our expanded capabilities and efficiencies will provide added benefits to our clientele."
Outsource Manufacturing was represented by Eric A. Northbrook, SIOR, and Sean Williams of Cushman & Wakefield. The lessor, CRC Project One LP, was represented by David Onosko, Adam Molnar and Ron King of Coldwell Banker Commercial.
Outsource will relocate from its current location, where it holds 25,000 square feet of industrial space, at 2839 Loker Ave. East in Carlsbad (92010), in February 2010.
Founded in 1997 by Ted and Christian Fogliani, Outsource Manufacturing is a turnkey manufacturer specializing in electronic products for commercial and industrial business. The company was named Inc. Magazine's 2008 number 222-ranked overall "fastest-growing private companies in America," and second in its "top 100 fastest-growing manufacturing companies in America." The company was also featured as San Diego Business Journal's number one ranked "Fastest 100 growing privately held companies" in 2008.
Carlsbad Research Center, a 500-acre office, research and industrial park, was built in five phases over 10 years through 1995 and totals in excess of 7.5 million square feet.
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