Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AURORA, CO-Raytheon Co., one of the largest industrial corporations in the US, has moved into the latest phase of its 400,000-sf office campus. Panattoni Development completed its two-building, 175,000-sf contract in the CentreTech Business Park for Raytheon, which signed a 10-year lease.

Raytheon operates two core businesses in Aurora. One is a large-scale data processing ground systems for satellite and space-based programs and the other is a secure managed service data hosting for commercial and government customers.

A total of 1,821 employees work there and its boasts $300 million in revenues last year. While other high-tech companies are laying off people this year, Raytheon has bucked the trend and hired 350. Many of the jobs were for high-paying engineer positions.

In fact, Raytheon is the single largest private employer in Aurora.

Its campus spans 45 acres. The Panattoni building feature the latest indirectlighting, open floor plans, collaborative huddle areas and meeting, redundant power and a data backbone to support software development. Employee amenities include a 25,000-sf fitness area and cafeteria, convenience store, outdoor plaza, kinetic sculptures and outdoor sand volleyball court.

Raytheon is based in Lexington, MA. Worldwide, it has 93,000 employees and had $16.895 billion in revenues in 2000. It is larger than industry giants such as Coca-Cola, Sun Microsystems and Eastman Kodak.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.