JLL’s Luke McDaniel, Cameron Driscoll and Matt Christensen were featured in the Orange County Business Journal article “Auto R&D Plant Bound for Irvine” this week for the completion of a 4-acre land sale in Irvine. The team represented tenant Sivax Inc. in the transaction; a Japanese automotive company specializing in design and development.
The plan for the vacant parcel? To break ground on a ±50,000 square foot R&D and manufacturing facility later this year.
“The buyer sought a highly specialized building in an A-plus location. Constructing a building for their specialized needs proved to be the best alternative.” Associate Matt Christensen shared.
The parcel was one of the last remaining developable industrial projects in the highly-coveted Airport Area.
To read the original article, click here.