FlightWave Aerospace Systems is taking flight with its latest lease in the Los Angeles area. The subsidiary of drone technology company Red Cat Holdings, signed a five-year lease for 51,023 square feet of space at a creative industrial and office property in Torrance, Commercial Observer reported. The deal is purportedly valued at almost $5.4 million. The facility at 2660 Columbia Street is owned by Chicago-based First Industrial Realty Trust. With the new lease, FlightWave will more than triple its office footprint. The company currently operates out of a 14,616-square-foot space at Carson Industrial Center in Carson. FlightWave signed a three-year […]
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