The 10-year pact will provide Technip USA with 79,800 sf of office space at 555 W. Arrow Highway, not far from Claremont University. The company, which employs several dozen Southern California residents, will move into its new HQ next May.
The private Keck Institute of Applied Life Sciences owns the Claremont building. Josef Farrar of Julien J. Studley Inc. represented the building owner in the lease negotiations. Natalie Bazarevitch of CB Richard Ellis represented Technip.
Technip designs and engineers oil refineries and other types of industrial plants around the world. Its global headquarters are in Paris, with additional offices in Italy, Germany, the Netherlands, Abu Dhabi and Malaysia.
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