Founded in 1951, Shur-Lok Company is a leading manufacturer of fasteners and fittings for the aerospace and defense industry. The company has more than 270 employees in the US and abroad and has occupied the Irvine location for nearly 40 years.
The Yahn Group was retained as the exclusive representative for Shur-Lok because of their vast market knowledge and experience with industrial transactions in Orange County. Shur-Lok was presented with several options, which included relocations and expansions but ultimately decided to remain in their current facility to re-engineer and optimize the existing space.
Through strategic advisement and expert negotiations, The Yahn Group delivered a best-in-market lease renewal package that exceeded their client’s objectives.
Shur-Lok’s parent company, Precision Castparts Corporation (NYSE: PCP), is based in Portland, Oregon and manufactures metal parts for use in the aerospace, industrial, defense, and automobile industries.