Aerospace company Air Bolt Group of North Hollywood signed a 10-year lease in March for an 8,500 square foot building on Avenue Crocker in the Valencia Industrial Center. NAI Capital helped broker the deal. Additional terms of the lease were not disclosed. Air Bolt manufactures latches, struts, buts and bolts for commercial aircraft.
The Southern California aerospace industry is maintaining its competitiveness, according to a detailed report just released by the Los Angeles Economic Development Corporation in March.