OVERVIEW

NordenPark was originally an 80-acre industrial site with a 650,000 square foot industrial building built in the 1960s. Spinnaker Real Estate Partners acquired the building in 2002 and renovated the exterior skin, landscaping, and interior infrastructure. Northrup Grumman Systems occupies approximately 400,000 square feet and an additional 125,000 square feet was leased to a mixture of small commercial and light industrial tenants. In addition to a sale of the existing building, Spinnaker retained a vacant 40-acre land parcel which is being master planned for a zone change to allow residential housing.

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HIGHLIGHTS

  • Multi-tenanted renovated industrial corporate facility.
  • 650,000 Square Feet commercial building.

PROJECT DATA

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