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6/24/24
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Redwire Space Enterprises will increase its Goleta footprint to nearly 90k sf after leasing a 42k sf flex building at 326 Bollay Drive. Not counting renewals and subleases, this represents the largest lease transaction in Goleta in more than two years.
Redwire Space Enterprises, headquartered in Jacksonville, Florida, is a prominent leader in the space industry, known for its advanced technological solutions that accelerate human expansion into space. The company has a significant presence in the development and supply of solar array systems, including the Roll-Out Solar Array (ROSA), which has been adopted for major projects like the International Space Station and the lunar Gateway Power and Propulsion Element.
Majestic Asset Management purchased the building vacant in 2022 as part of its $50 mil acquisition of the six-building R&D campus now known as Tech Park @ Engage. Other tenants in the project include Lockheed Martin, Alcon Research, LaunchPoint, and Santa Barbara Imaging Systems.
“With a building this size, we make every effort to ensure we’ve found the right tenant,” said Francois DeJohn of Hayes Commercial Group. He, along with his partners Steve Hayes and Caitlin Hensel, represented Majestic in the transaction.
Redwire already occupies 47k sf at 7418 Hollister Ave, which is in another Majestic Asset Management campus nearby. “They needed to expand, and this lease nearly doubles their operations here in Goleta,” DeJohn said.
Based in Agoura Hills, Majestic Asset Management manages, owns and develops investment property primarily in Los Angeles, Ventura, and Santa Barbara counties. They own and operate 19 successful commercial buildings in Goleta, in addition to their portfolio in other regions.
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