Iteris Inc., a maker of sensors and other traffic gear, has leased about 50,000 square feet in Santa Ana where it plans to move its headquarters from Anaheim.
The company said last week it’s taking 52,116 square feet of space at Freeway Corporate Park, on Carnegie Avenue near the Costa Mesa (55) Freeway.
Iteris struck a seven-year lease for the space with an option to extend it for five more years.
Crown Realty & Development Inc. of Irvine owns Freeway Corporate Park, a two-building, 130,000-square-foot complex.
Iteris is set to move in September.
The move is one of the first big changes for Iteris since naming a new chief executive earlier this year.
For more on this story, see the June 18 edition of the Business Journal.
