Varda Space launches HQ move in red-hot industrial market El Segundo
Playtime is over in El Segundo as a space manufacturing startup is taking over the former home of Barbie and Hot Wheels. Varda Space Industries leased a 205,400-square-foot industrial and creative office building at 2031 East Mariposa Avenue in El Segundo, expanding beyond its smaller headquarters nearby at 225 South Aviation Boulevard, the Los Angeles Times reported. The building, owned by GPI Companies, sits on 9.2 acres and was built in the 1940s as an aircraft facility and most recently served as Mattel’s research and development center. The lease deal gives Varda room to scale spacecraft manufacturing as it ramps […]This article originally appeared on The Real Deal. Click here to read the full story.
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