Vital Statistics
Property Address: 2400 East Wardlow Road, Long Beach
Square Footage: 1,000,000
Relativity Space, the first company to 3D print an entire rocket and build the largest metal 3D printers in the world, signed a new one million square-foot lease for its headquarters factory at Goodman Commerce Center in Long Beach. CBRE represented Relativity Space in the transaction.
A former 93-acre Boeing C-17 manufacturing plant, the new space will be one of the largest headquarters in the private space industry. It will be able to host more than 2,000 employees, metallurgical laboratory, DMLS printers, mission control center, as well as dozens of the company’s proprietary Stargate 3D printers, the largest metal 3D printers in the world.
Relativity continues to expand rapidly and now employs more than 450 people at its Long Beach, Vandenberg, Seattle, Washington D.C., Stennis, and Cape Canaveral locations. With its expansion, Relativity is doubling down on its Factory of the Future, which is centered on Stargate, the world’s largest 3D printer that the company created in-house.
As part of Long Beach City Council’s recently passed Globemaster Corridor Specific Plan, the new Relativity headquarters is part of 437 acres of coveted land west of Long Beach Airport that will be transformed into a modern business district.
Vital Statistics
Property Address: The Center at Needham Ranch, Needham Ranch Pkwy., Santa Clarita
Square Footage: 400,095
Newmark represented DrinkPAK, a premier West Coast alcoholic and non-alcoholic beverage manufacturer in the signing of two additional leases for 400,095 square feet, bringing their total space occupancy to 572,419 square feet at The Center at Needham Ranch (CANR) industrial park in Santa Clarita. Newmark executive managing directors Patrick DuRoss, SIOR and John DeGrinis, SIOR and senior managing director Jeff Abraham, SIOR represented the tenant. Building 3 at CANR is comprised of 212,236 square feet of Class A industrial space and Building 4 is comprised of 187,859 square feet, with both buildings featuring 36’ clear height, ESFR sprinklers, and abundant dock positions and parking spaces.
Vital Statistics
Property Address: 13000 Temple Ave., City of Industry
Square Footage: 407,638
CBRE’s Jay Dick and Dedrik Pharis were able to lease this building with no down time and minimal tenant improvements. 13000 Temple was one of the largest buildings available in LA County with easy freeway access to the I-605. Pilot Automotive, which edged out multiple other interested tenants, will be planning on using the facility for the distribution of auto parts. The property’s desirable size, logistics features and location make extremely valuable logistically speaking.
