Optical will occupy the two-story building by the end of the year, but not all of it. Two existing tenants will continue to lease a 65,000 sf portion of the building, which features 90,000 sf of office space and on-site parking for about 400 cars.

OCP house its executive management, administrative, sales and marketing, research and development activities at the new site. The company's manufacturing operations will expand in the current building in nearby Chatsworth, site of its existing headquarters.

OCP makes fiber optic subsystems and modules for various networks. Muoi V. Tran, OCP's chairman and chief executive officer, says the company should have "adequate space for growth for at least the next few years."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.