X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SANTA ANA, CA- Royalty Carpet Mills, an Irvine-based manufacturer of premium grade carpet, has expanded its presence in Orange County by leasing 268,500 sf of industrial space here, according to Grubb & Ellis.

Bryon Ward of the Newport Beach office of Grubb & Ellis, says Royalty Carpet is slated to occupy its space at 515 E. Dyer Rd. in October. Ward represented both the carpet maker and the building owner, RREEF of San Francisco, Ward says the new facility is an additional location for the carpet firm, which will be occupying two-thirds of the new concrete tilt-up building. Royalty signed for 12 years at the new location, which is a freestanding building in Santa Ana’s enterprise zone, and has expansion rights for the balance of the building. The new facility will serve as a production and storage building for carpet and raw materials.

According to information from Royalty’s web site, the carpet maker already occupies 975,000 sf of manufacturing facilities and employs 750 workers in what the company says is California’s largest independent carpet manufacturing operation. This latest expansion continues a pattern of growth that began soon after the company was founded in a small warehouse in the City of Commerce with 10 employees. Its growth produced expansions in 1969, when it remained in Los Angeles County at facilities in Dominguez Industrial Park, and again in 1973, when the carpet maker relocated to Orange County in a move to the Irvine Industrial Complex.

The tremendous population growth in the United States along with the continuous expansion and growth of the home building industry, is constantly creating a larger marketplace for carpet sales. The company is vertically integrated, from spinning its own yarn through the manufacturing steps leading to finished carpet.

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

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.