Terran Orbital Corporation and W. P. Carey have broke ground on a 94,000-square-foot, state-of-the-art satellite manufacturing facility at 4 Goodyear in Irvine, California. In partnership with Terran Orbital, W. P. Carey will redevelop one of its outdated office properties into a new Class A industrial facility. As a result, it will serve as Terran Orbital’s fifth production facility. Demolition of the existing building commenced in February 2023, and the project will tentatively end in January 2024.
