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EL SEGUNDO, CA-Com Dev, a Canadian-based manufacturer ofhardware used in satellites and other space technology, hasacquired a 46,000-sf office/R&D building to establish apresence in the US in order to pursue the US market for itsproducts. According to broker Luke Staubitz, a partner in the LosAngeles office of the Klabin Co., the new Com Dev facility is ahighly improved building in the Utah business tract in ElSegundo.
Com Dev, which is based in Ontario, Canada, says that the$8.6-million facility at 2333 Utah Ave. will serve as the home ofthe company's US engineering and production operations. It chosethe site in part for its location near some of the world's leadingspace companies, including Boeing, Lockheed Martin, NorthropGrumman, Raytheon and NASA's Jet Propulsion Laboratory.
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