A manufacturer of military and commercial optical systems has signed a lease in Irvine for its new headquarters.
Maztech Industries, with offices on Peter Canyon Road in the city, will occupy the 17,500-square-foot facility at 1641 Reynolds Ave.
Terms of the lease were not disclosed by JLL, which represented Maztech. The landlord, The Donald Spencer DeVries Trust, was represented by John B. Collins of Lee & Associates.
The company chose the new location because it comes equipped with modern features, a recent renovation and key location, according to Xavier Nolasco, a vice president at JLL.
Maztech makes things like night vision instruments, wireless communication tools, laser ranging devices and other sportsman accessories.
The company makes optical enhancements for rifles, notably its X4 System created with Magpul, a firearms accessory manufacturer.
An NRA article on the optical system says the technology provides “complete situational awareness to a user while they’re mounted on the gun and viewing the field through their optic.”
Flex office space sells in Irvine for nearly $12 million
A two-story flex-office building with 41,563 square feet in Irvine sold for $11,866,000, according to NAI Capital Commercial.
The seller was Stivers Investment Co. in Pasadena. The buyer was not identified by NAI.
The building at 8 Hughes was 30% occupied at the time of the sale. Completed in 2000 on 2.39 acres, it can be split into a multitenant building, NAI’s Executive Vice President J.R. Williamson said.
He said the new owner will occupy the vacant portion of the building.
Koll buys in Chef’s Warehouse building in Vegas
The Koll Co. in Irvine expanded its portfolio in Las Vegas, buying a Chefs’ Warehouse building for $18.55 million in an all-cash deal.
The 79,998-square-foot building is not far from Raider Stadium. More than half of it is % temperature controlled, ranging from minus 10 degrees for its freezers to up to 60 degrees for a…
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