L-3 Communications Signs Lease In Carlsbad Research Center
15 Sep, 2008, Carlsbad, CA
The San Diego office of Cushman & Wakefield announces that L-3 Communications, a leading supplier of products and services used in aerospace and defense platforms, has signed a five-year, $1,949,196 lease for a 21,000-square-foot office building in Carlsbad Research Center, located at 5928 Geiger Ct., Carlsbad, Calif. (92008).
The lessee was represented by Matt Strockis of Cushman & Wakefield. The lessor, DooRan America, Inc., represented itself. John Hoffman of Cushman & Wakefield and Dave Pinnegar of Colliers International represented Open Text, Inc, the previous sublessor that ended its lease commitment with Doo Ran America, which resulted in L-3 Communications’ long-term lease interest at Carlsbad Research Center.
Built in five phases over 10 years through 1995, the 500 acre Carlsbad Research Center is considered one of North San Diego’s most prestigious business park environments. The office, research, and light industrial park totals in excess of 7.5 million square feet. Neighboring Tenants of L-3 Communications include Callaway Golf, Mercedes Benz, Autogenomics, and Genoptix.
About Cushman & Wakefield
Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 221 offices in 58 countries and more than 15,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within four primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, valuation services, investment banking, debt and equity financing; Client Solutions, including integrated real estate strategies for large corporations and property owners, and Consulting Services, including business and real estate consulting. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com.