California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Lithium-Ion Battery Maker Nearly Quadruples Space in Move to Vista
JLL represented American Lithium Energy (ALE), a manufacturer of lithium-ion batteries, in a new 81,928-square-foot lease at 1395 Aspen Way in Vista. The firm is expanding from 21,473 square feet in Carlsbad and will use the space for R&D, manufacturing and distribution of its batteries. The tenant is scheduled to move into its new space in the fourth quarter.
On the heels of our successful A round and SpaceWERX STRATFI award last year, this facility marks an important milestone for ALE,” said CFO Danny Joe. JLL’s Tim Olson represented ALE in the lease.
“We continue to see the evolution of San Diego’s diverse economy with advanced manufacturing and other sectors growing in the region,” said Olson. “We have the expertise and experience to guide companies through the complicated real estate process, allowing them to remain focused on their mission.”
Photo credit: CoStar.
- ◦Lease
