X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CYPRESS, CA-In a move designed to consolidate its printing and document storage operations, the Boeing Co. has inked a lease for 112,000 sf in Cypress.

CB Richard Ellis brokered the five-year transaction. Although terms of the lease were not disclosed, industry sources estimate the deal is worth about $3.4 million.

The aerospace giant will move its three operations in Long Beach and Huntington Beach to 10800 Valley View St. All 100 employees will relocate to the Cypress space, which is 30% smaller than Boeing’s current facilities. The company plans to occupy the building by the end of the month.

In addition to its printing and storage operations, Boeing will house the majority of its regional corporate library facilities here. Production operations and some office space also will be devoted to Continental Graphics, a company that Boeing acquired last year. The LA-based designer and printer will use the location to make some inroads into the Orange County market as it pushes to build up its client base.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.