VITAL STATISTICS
27750 N. Entertainment Dr., Valencia
Square Footage: 98,388
The CBRE team, led by Sam Glendon, successfully negotiated a nearly 100,000 square foot office lease for a national life sciences company in Valencia. This strategic relocation moves the client from an older facility into a modern Class A building that had been largely vacant for several years. The transaction not only revitalizes a key property but also strengthens the local economy by retaining high-quality, high-paying jobs in the region.
The new location will serve as a hub for offices, research and development, and lab space, critical functions for the client’s business unit. This investment reflects the company’s commitment to growth and innovation, ensuring the retention of skilled jobs while creating an environment that attracts new talent.
The specialized space required for life sciences operations was not readily available in the area. Only part of the building was initially marketed for lease, with an existing tenant occupying the balance of the building. CBRE orchestrated a multi-step negotiation process, to deliver the full building footprint needed by the client. Through creative problem-solving and persistence, CBRE met the client’s requirements while ensuring this important employer remained in Valencia. This deal exemplifies market leadership, client advocacy, and community impact
