News Summary
Anduril Industries has signed a significant lease for ‘The Hive’ creative office campus in Orange County, making it the largest office tenant in the region. The defense technology company, known for its advancements in military solutions, has leased nearly 1.5 million square feet of space in the area. This expansion comes after a substantial valuation increase, surpassing $30 billion, and reflects Anduril’s commitment to growth within the local economy.
Orange County has become the new operational hub for Anduril Industries, a defense technology company known for its advanced military solutions. The company has signed a lease for The Hive, a creative office campus that spans approximately 190,000 square feet. This significant move cements Anduril’s status as Orange County’s largest office tenant, surpassing all others in square footage.
Anduril Industries has leased close to 1.5 million square feet of office and warehouse space in Orange County. The lease at The Hive is the largest office lease in the region in the past four years, according to CoStar data. The company, co-founded by Palmer Luckey, experienced a dramatic increase in valuation, surpassing $30 billion following a $2.5 billion fund raise in June.
The Hive consists of three buildings and is located adjacent to Anduril’s primary headquarters in Costa Mesa. The company has notably expanded its local real estate footprint, which has nearly doubled in the last year. The majority of Anduril’s office space is situated near its headquarters at the intersection of Harbor Boulevard and Sunflower Avenue, which is home to its main campus, The Press.
The main campus, The Press, is around 640,000 square feet and was previously the location of the former OC bureau of the Los Angeles Times. Since the beginning of 2025, Anduril has been the most active tenant in Orange County, signing for nearly 700,000 square feet in offices and new industrial buildings, including The Hive lease.
Anduril Industries is recognized for its role in developing autonomous drones, fighter jets, submarines, and advanced surveillance equipment, employing approximately 3,200 people in the region. This expansion into The Hive follows a recent property acquisition by Drawbridge Realty, based in San Francisco, which purchased The Hive for about $78 million, roughly $410 per square foot, on October 9.
The previous owner of The Hive, Invesco Real Estate, acquired the campus in 2018 for an estimated $84 million. Upon the purchase, Drawbridge Realty promptly negotiated a long-term lease with Anduril, formalized on the same day as the acquisition.
The Hive campus, which was formerly the training base for the Los Angeles Chargers before their move to El Segundo, covers about 14 acres and includes a practice football field. There remains potential for further development on three additional acres within the site. Previously, The Hive was slated for a development project known as Hive Live, which proposed construction of 1,050 apartments and retail space, but the plans did not advance despite receiving planning approval in June.
Drawbridge Realty also owns the Pacific Center in Santa Ana, utilized by the significant office tenant, Collectors Holdings. This combination of properties positions Drawbridge Realty as an influential player in Orange County’s real estate landscape.
As Anduril continues to grow rapidly within Orange County, its substantial investments in office and warehouse space reflect a significant commitment to the region and a promising future in defense technology innovation.
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Additional Resources
- Orange County Business Journal: Anduril’s Latest Push for 190K SF Office Lease
- Wikipedia: Anduril Industries
- Orange County Register: Anduril in Costa Mesa Clinches Funding at $30.5 Billion Valuation
- Google Search: Anduril Industries
- Orange County Business Journal: Anduril and General Dynamics Form Partnership
- Encyclopedia Britannica: Military-Industrial Complex
- Orange County Business Journal: Anduril Expands with Major Santa Ana Industrial Lease
- Google News: Anduril Industries 2025
Author: STAFF HERE COSTA MESA WRITER
COSTA MESA STAFF WRITER The COSTA MESA STAFF WRITER represents the experienced team at HERECostaMesa.com, your go-to source for actionable local news and information in Costa Mesa, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the OC Fair, Concerts in the Park, and Fish Fry. Our coverage extends to key organizations like the Costa Mesa Chamber of Commerce and Boys & Girls Clubs of Central Orange Coast, plus leading businesses in retail, fashion, and technology that power the local economy such as Vans, Experian, and South Coast Plaza. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, HERESanDiego.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
