SASCO, a privately held electrical and data systems contractor, has signed a $17 million lease for a 221,293-square-foot corporate headquarters building in Fullerton, Calif.
The lease is for 10 years, and the building, owned by a San Francisco-based public employee pension fund, is located at 2750 Moore Ave. at the Northpoint Commerce Center.
SASCO is relocating its corporate headquarters from an 80,000-square-foot facility in Cerritos, Calif., in addition to consolidating its Newport Beach, Santa Ana and Sacramento, Calif., offices at the Fullerton site. It will occupy an entire free-standing building at the master-planned business park, which incorporates a total of six flex/industrial buildings originally developed by Catellus Development Corp. between 1990 and 1994.
To provide space for approximately 250 employees at its new corporate headquarters, SASCO will add an additional 8,300 square feet of class A office space to the existing 40,733-square-foot, two-story office building. In addition to serving as a base for corporate administration, the new headquarters facility will be used for light manufacturing and the assembly of electrical parts.