For More Information:
Donna Hahn
Hahn Communications
(949) 458-3983
donna@hahnmarketing.com
WESTERN STATES TECHNOLOGIES INC. SIGNS
SPARTA INC. TO FIVE-YEAR LEASE
SAN DIEGO, CALIF. – Western States Technologies Inc. has announced that
Sparta Inc. has signed a five-year lease valued at $1.75 million for 32,000
square feet at 10547 Viper Way in the Sorrento Mesa area of San Diego. Sparta,
headquartered in Lake Forest, Calif., is a national systems engineering and
advanced technology company providing services to the defense, intelligence
and homeland security sectors of the federal government.
Viper Way is located in the Mira Mesa Business Park two miles east of the
confluence of the Interstate 5 and 805 Freeways. Offering 250 feet of prominent
footage along Mira Mesa Boulevard, a major transportation route in northeast
San Diego, the two-story industrial office property features concrete, tilt-up
construction with a substantial glass line.
According to Scott Venturelli, president of Western States Technologies, Sparta
will occupy 100 percent of the space and plans to use the facility for research
and development and engineering purposes. Sparta has three other San Diego
locations in addition to the Viper Way site, with offices in La Jolla, Mission
Valley and Sabre Springs along the Interstate 15 corridor.
Bill Dolan and Larry Jackel of the San Diego office of CB Richard Ellis represented
Western States Technologies in the lease transaction, with Ty Moffat of Colliers
International in San Diego representing the lessee.
Los Angeles-based Western States Technologies was established in 1985. The
company concentrates on the successful development, acquisition and rehabilitation
of industrial and office properties. Currently, Western States Technologies
owns and manages a mixed-use portfolio totaling more than 1.1 million square
feet in Los Angeles, Orange, Riverside, San Bernardino and San Diego counties.
The company is actively pursuing property acquisitions and developments in
the $500,000 to
$7 million range.
Western States Technologies’ tenants include such global business leaders
as Baxter Pharmaceutical, Dow Chemical, Gerber Technologies, International
Paper, Jacuzzi, Kaiser Aerospace, MCI WorldCom, Mikasa, Oakley, R.C. Cola,
Rockwell International and Union Carbide, among others. By incorporating its
strong, hands-on asset management approach, the company has averaged occupancy
rates of more than 98 percent portfolio-wide over the past seven years. For
more information, visit the company’s Web site at www.westernstatestech.com.
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