other material
confidence high
sentiment positive
materiality 0.55
RF Industries signs 10-year lease for 86,952 sq ft corporate HQ in San Diego
R F INDUSTRIES LTD
- Initial monthly base rent of $139,123.20 plus operating expenses; lease starts December 2022.
- Facility will consolidate RF Connector & Cable Assembly and C Enterprises divisions.
- Expected to house over 150 employees and enable production improvements and cost synergies.
- Building currently being renovated; move-in targeted for end of 2022.