Australian tech company chooses Orange County for first US location
JLL represented EVO Power USA, Inc. in Rancho Santa Margarita industrial lease
RANCHO MARGARITA, Calif., August 23, 2023 – Confirming growth of renewable energy companies in Orange County, California, JLL announced today that EVO Power USA, Inc., a leader in battery energy storage based in Australia, has signed a 15,070-square-foot industrial lease at 30452 Esperanza in Rancho Santa Margarita, California. This will be EVO Power USA, Inc.’s first location in the United States. The company will use the space for design engineering, assembly, testing and distribution of battery energy storage systems.
JLL’s Kris Smith, Sofi Choi and Steven Chon represented EVO Power USA, Inc. in the lease. The landlord, Fauna 43, LLC, was represented by Mark Jerue, Craig Fitterer, BJ Fell and GianCarlo Spinosi of Lee & Associates.
“After searching locations in several other Western states for our first U.S. location, we chose the Orange County, California area because of the area’s growth in renewable energy as well as the access to premier labor in this speciality,” said Jamie Allen, Group CEO of EVO Power.
Kris Smith, JLL Vice President, continued by saying “As growth from ecommerce companies in Orange County slows slightly, we are seeing increased interest for industrial space from renewable energy companies especially as the federal government has been extending subsidies to manufacturers of clean energy technologies in the U.S. under the Inflation Reduction Act.”
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.