San Francisco Investor Buys Panasonic Avionics HQ Building
Barings Real Estate Advisers divested a fully leased, 144,906-square-foot Class A office/R&D building located at 26200 Enterprise Way in Lake Forest, CA to San Francisco-based Drawbridge Realty for an undisclosed amount. Since its construction and build-to-suit design in 2000, the property has long served as Panasonic Avionics Corporation’s main corporate headquarters building.
The single-tenant net lease investment property is an institutional-quality building that spans two stories. It is part of Panasonic’s larger 18-acre, seven-building 500,000-square-foot global HQ campus and within Pacific Commercentre.
Cushman & Wakefield’s Jeffrey Cole, Ed Hernandez, and Nico Napolitano represented the seller in the disposition, with C&W’s John Harty providing local market advisory. The buyer was self-represented.
Hernandez notes the property includes “executive offices and critical lab areas, including separate engineering and laboratory space for each of the company’s distinctive airline clients.”
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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