The 60,000-square-foot, two-story Class A office and 100,000-square-foot, single-story R&D/manufacturing space serves as the western US headquarters for Cobham. The company has occupied the property since it was first constructed as a build-to-suit in 2000. This location provides Cobham with employee accessibility as well as an ease of distribution for products manufactured on site.

Cobham leads the industry in air-to-air refueling; audio, video and data communications, including satellite communications; defense electronics; life support and mission equipment. It is a developer and manufacturer of radio frequency components, wideband and narrowband systems, as well as microwave and millimeter wave products. This facility operates multiple shifts on a 24/7 basis, designing and manufacturing components for military aircraft, ground vehicles, missiles, space launch vehicles, satellites and commercial avionics.

"The acquisition of Hellyer fits well within our profile of acquiring properties leased long-term to large corporate users," says Doyle. Drawbridge pursues properties with an emphasis on fully occupied buildings, as well as properties that are ready for new development, redevelopment or conversions.

The San Francisco-based company targets investments predominantly across the western United States. The firm's current portfolio of more than 2.5 million square feet is comprised of tenant-oriented properties located in the Silicon Valley, San Diego, Austin and Salt Lake City. Drawbridge has completed transactions with major corporations including Google, Johnson & Johnson, L-3 Communications, Lockheed Martin, Medtronic, Monsanto, National Instruments, Northrop Grumman and Unisys.