DataDirect Networks Inc. has renewed its lease for 90,000 square feet in Chatsworth for another three years, said Lee & Associates-LA North/Ventura in Sherman Oaks.
The brokerage firm said the big data storage supplier renewed its agreement for space in two buildings, 9351 and 9223 Deering Ave., in the Northpark Industrial Center where it maintains its global headquarters. The lease is worth more than $2.4 million, according to Lee & Associates.
Scott Caswell, principal of Lee & Associates, negotiated the lease on behalf of the property owner.
He said the park has been able to offer not only heavy power but also sufficient space for the company as it’s grown over the years.
Rick Pearson, a broker with Cresa Partners, represented DataDirect, according to Lee & Associates.