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ASTRONIC INC. ACQUIRES 73,742-SQUARE-FOOT INDUSTRIAL FACILITY

ALISO VIEJO, CALIF. — Astronic Inc., a full-service electronic manufacturing service provider, has purchased a 73,742-square-foot industrial facility, which is located at 2 Orion in Aliso Viejo, for $13.2 million. The company plans to relocate its headquarters to the new facility in first quarter 2009. Jeff Mitchell of Voit Commercial Brokerage’s Irvine, Calif., office represented the buyer; Gary Allen of Grubb & Ellis represented the seller, Tamiya America, a Japanese manufacturer of model and radio-control cars, trucks and tanks.

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