Arden Engineering Inc., an Orange-based aerospace parts maker, is expanding operations to Anaheim? Platinum Triangle after signing one of the largest leases the county? industrial market? seen in some time.
The privately owned company, which makes components for commercial and military aircrafts, struck a lease for 100,000 square feet of manufacturing and warehouse space at 1540 Page Court in the industrial area around Angel Stadium of Anaheim.
Arden plans to move this summer.
Terms of the five-year deal weren? disclosed. The property, which borders Cerritos Avenue, had been listed for lease at monthly rents of about 45 cents per square foot.
It? the largest expansion-related lease seen in North County in almost two years, according to Louis Tomaselli, a broker with the Orange office of Voit Commercial Brokerage LP.
Tomaselli and Voit? Mitch Zehner represented Arden Engineering in the deal.
For more on this story, read the May 25 issue of the Business Journal.
