California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Advanced Manufacturing Firm Expands in Chatsworth
Lee & Associates – LA North/Ventura principals Erica Balin and Scott Caswell arranged a five-year lease for Machina Labs, an advanced manufacturing company that combines AI and robotics. Machina Labs will occupy a 60,300-square-foot freestanding manufacturing warehouse located at 20559 Prairie St., Chatsworth.
Balin and Caswell represented Machina Labs. The landlord is Lainer Investments.
“Machina Labs is on the cutting edge of AI and robotics hardware and software for manufacturing and is on the verge of substantial expansion, and they wanted to stay in the area as this is an expansion of their headquarters, also located in Chatsworth,” said Balin, who has two decades of experience in the Valley’s industrial market.
The new space allows Machina Labs to expand its manufacturing facility, which will support a nearly threefold increase in production. The Machina Labs team includes experts from SpaceX, Relativity Space and Novelis, and combines advances in robotics and AI to build the next generation of factories. The company is expected to occupy the property in the second quarter.
Connect Industrial Midwest 2024 will take place on March 5, 2024, at Joe’s Live in Rosemont, Illinois. Click here for more information and to register.
- ◦Lease
