TGS Management, a quantitative finance hedge fund with offices in Irvine and Princeton, is planning to redevelop a former satellite campus it acquired from Cal State Fullerton in Irvine into a logistics hub.
The company has filed plans to develop two warehouses at 1 and 3 Banting in Irvine. The property currently is occupied by a pair of two-story office buildings encompassing a total of 138K SF, according to a report in the Orange County Business Journal.
If approved, the project will become the largest office-to-warehouse conversion in the Spectrum area of Irvine, the report said.
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