A surge of aerospace and defense tenants is tightening the industrial market in Los Angeles’ historic aviation hubs, where companies hunting for specialized buildings are running into limited supply. Aerospace and defense tenants leased more than 1.4 million square feet across 11 major South Bay deals last year, according to Colliers. Older industrial buildings tend to attract more interest, as aerospace and defense tenants search for high overhead clearance, parking and often additional security and entry controls. Drone manufacturer FlightWave Aerospace Systems is among the firms expanding, Bisnow reported. FlightWave expanded from a 14,600-square-foot space in Carson that it leased […]
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