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R&D Facility Leases for $13.7 Million

IRVINE, CA-A 10-year lease has been inked by Tustin-based Scantron Corp. The company will take 110,000 sf at a 126,000-sf Irvine Spectrum building. The move will allow for growth of its Scanning and Surveys divisions.

By Erin Cassin | Updated on September 13, 2001

IRVINE, CA-In a move that will allow Tustin, CA-based Scantron Corp. to expand its operations, the company has inked a lease for 110,000 sf of industrial space in Irvine. The 10-year deal is valued at $13.7 million.

Scantron will occupy most of a 126,000-sf building, which is located in the Irvine Spectrum. The company is planning to occupy the facility in March 2002. It stands at 34 Parker.

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