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Panasonic Avionics Lands 260K-SF Deal at LBA Realty’s Park Place
Panasonic Avionics signed a nearly 260,000-square-foot headquarters lease at LBA Realty’s Park Place in Irvine. The manufacturer of in-flight entertainment systems for airlines will be relocating its corporate offices from Lake Forest in what is reportedly Orange County’s largest office lease so far this year.
The consolidation deal covers multiple buildings at the 2.2 million-square-foot office campus at Michelson Drive, Jamboree Road, and the San Diego (405) Freeway. The space could house up to 1,600 local Panasonic Avionics employees, including corporate, engineering, production and administrative operations.
Savills’ Royce Sharf, Michael Props and Kelly Givens represented the tenant. CBRE’s Jennifer Whittington and David Dowd, and Cushman & Wakefield’s Robert Thagard and Ali Anderson represented the landlord.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease



