### Lithium-Ion Battery Maker Expands Operations with Move to Vista
JLL has facilitated a significant expansion for American Lithium Energy (ALE), a manufacturer of lithium-ion batteries, securing a new 81,928-square-foot lease at 1395 Aspen Way in Vista. The company is relocating from its current 21,473-square-foot facility in Carlsbad and will utilize the new space for research and development, manufacturing, and distribution of its batteries. ALE is set to move into its new facility in the fourth quarter.
“On the heels of our successful A round and SpaceWERX STRATFI award last year, this facility marks an important milestone for ALE,” said CFO Danny Joe. JLL’s Tim Olson represented ALE in the lease agreement.
“We continue to see the evolution of San Diego’s diverse economy, with advanced manufacturing and other sectors experiencing growth in the region,” said Olson. “We have the expertise and experience to guide companies through the complicated real estate process, allowing them to remain focused on their mission.”
*Photo Credit: CoStar*
