Challenge
Taiwan-based technology company Advantech wanted to build its North American headquarters in a place that would not only address the needs of its existing team but also be in an exciting location to attract new talent.
Approach
Kidder Mathews secured a 9.5-acre property through a ground lease with intent to purchase in 2034. The site is part of the Advanced Technology & Education Park in the Tustin Legacy development.
Results
In the initial phase, Advantech plans to construct a build-to-suit headquarters including a six-story, 108,942-square-foot office building and a two-story, 78,837-square-foot warehouse facility. A future phase could expand the facilities to a total of approximately 250,000 square feet.
Advantech was represented by Eric Tse & Oliver Ternate, SIOR.