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A printing unit of Boeing Co. is moving to Cypress

Continental Data Graphics, a wholly owned subsidiary of Chicago-based Boeing Co., is consolidating two smaller offices in Santa Ana and Culver City and expanding its operations by taking a 63,235-square-foot office for its corporate headquarters in the Warland Cypress Business Center in Cypress.

CDG signed a 10-year lease for $11.4 million and plans to put 350 employees at the new digs at 6141 Katella Ave.

“This is exactly the type of company we had in mind when we designed the project,” said John Law, co-managing director of Warland Investments Co., which owns a major stake in the 200-acre Warland Cypress Business Center.

CDG will take occupancy in the two-story building later this month. At the new facility, which increases CDG’s space from roughly 40,000 square feet, the CDG staff will write and create specialty technical data manuals.

“They’re sophisticated high-tech manuals, like the kinds used for oil and gas exploration,” said Brian DeRevere, senior vice president with the Anaheim office of CB Richard Ellis Inc. DeRevere and Laird Perkins, also of CB Richard Ellis, represented Warland, while Josef Farrar of Julien J. Studley represented CDG.

The move further strengthens Boeing’s presence in Orange County and continues Continental’s introduction to OC. Earlier this month, Los Angeles-based designer and printer Continental Graphics, CDG’s parent company, announced it would take space in Cypress. After consolidating facilities in Long Beach and Huntington Beach, Continental will utilize that new space for printing and production.

According to a Boeing spokesperson, Continental’s moves provides the company with a central location within Southern California, allowing easy access to Boeing’s local operations.

“Essentially, the Cypress market provides a great kickoff to Orange and Los Angeles counties,” said DeRevere. “And is an excellent resource for corporate office space.”

Other tenants at the Warland Cypress Business Center include Boeing, Electronic Data Systems, American Honda, Rockwell Automation, Mitsubishi Motors, Shaw Industries, TDK and Pacific Healthcare Systems.

“It’s a West County version of the Irvine Spectrum,” said DeRevere. “The facilities are a combination of large industrial buildings with a mixture of mezzanine and two-story high-tech facilities and a handful of steel frame, multi-floor office buildings.”

Warland Cypress Business Center is part of a larger, masterplanned business community that took off in the ’80s. Today, the master planned business community is a mix of office and industrial product and totals 8.5 million square feet, with another 500,000 square feet under construction. The market has remained relatively stable.

“The park has a vacancy rate of 3% for industrial and 10% for office product,” said DeRevere. n

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