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Mitsubishi Electric Corporation
Mitsubishi Electric Automotive consolidates in Huntington Beach
Mitsubishi Electric Automotive consolidates in Huntington Beach

Mitsubishi Electric Automotive America has leased 167,778 square feet of industrial space in Huntington Beach for its regional headquarters. The deal will allow Mitsubishi to consolidate three existing Southern California facilities under one roof at 5800 Skylab Road, real state brokerage JLL said. Terms of the 10-year deal with landlord Morgan Stanley were not disclosed, but real estate experts calculating Orange County industrial rents valued the transaction at close to $1 million a year, or $10 million total. AUTOS: The gas miser list Mitsubishi decided the building on Skylab Road “was the best option because it was in close proximity to Mitsubishi’s employee base,...

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