Australia's EVO Power USA, Inc, has leased a 15,070 sq ft industrial space in Rancho Santa Margarita, California. This marks their first location in the US and is a significant move for the company. The space will be used for designing, assembling, and distributing battery energy storage systems. The decision to lease in this area was driven by the region's renewable energy growth and the availability of skilled labor.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 30452 Esperanza, Rancho Santa Margarita, California
• Market: Rancho Santa Margarita
• Tenant: EVO Power USA, Inc - Jamie Allen
• Tenant's Representative: Kris Smith, Sofi Choi, and Steven Chon - JLL
• Landlord: Fauna 43, LLC
• Landlord's Representatives: Mark Jerue, Craig Fitterer, BJ Fell, and GianCarlo Spinosi - Lee & Associates

The deal was facilitated by EVO Power USA, Inc's representatives from JLL, including Kris Smith, Sofi Choi, and Steven Chon. On the other side, the landlord, Fauna 43, LLC, was represented by Mark Jerue, Craig Fitterer, BJ Fell, and GianCarlo Spinosi from Lee & Associates.