Chinese Medical Device Maker Plants U.S. HQ in Irvine
Saturday, January 08, 2022
A Chinese medical device maker is building out its U.S. base in Irvine after buying a 115,388-square-foot office campus for $40.23 million in cash, according to Newmark.
MicroPort Scientific America Inc. bought the office and R&D buildings at 16800 and 16802 Aston St. from an unidentified seller. The company makes myriad devices relating to cardiology, radiology and orthopedics.
Newmark executive managing director Jack McNutt represented the MicroPort, and the seller was represented by Brian Garbutt of Lee & Associates.
Based in Shanghai, MicroPort will house its U.S. innovation center and manufacturing base in Irvine. The company will occupy all of 16802 Aston at the end of March 2022 when the current tenant, Spireon, exits the building and tenant improvements are made.
16800 Aston will be used to “accommodate future growth and additional business units or related subsidiaries,” Newmark said.
Photo courtesy of Newmark.
Category: Economic News, Medical Technology, Irvine