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Irvine Manufacturer Signs 45,190-SF Relocation Deal

FOOTHILL RANCH, CA-Hobby Products International signs a $1.8-million lease for industrial space at Foothill Ranch. The distributor of remote control vehicles plans to relocate from Irvine in February 2002.

By Erin Cassin | Updated on October 09, 2001

FOOTHILL RANCH, CA-In February 2002, an Irvine-based distributor will relocate to Foothill Ranch, signing a $1.8-million lease for industrial space.

Hobby Products International will occupy 45,190 sf at the Foothill Business Center, according to the terms of the five-year agreement. The 78,328-sf facility is located at 70 Icon. It is one of three buildings that comprise the Foothill campus. Hobby Products specializes in the sale, assembly and distribution of remote control vehicles.

Christine Bowen and John Matus, both of Lee & Associates’ Irvine Spectrum office, represented Hobby Products International. Gregg Haly of CB Richard Ellis’ Newport Beach office, handled talks for building owner, Opus Real Estate America III.

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