Horsham, PA
CBRE Arranges 85,396 SF Advanced Manufacturing Lease for Align Precision at 425 Privet Road in Horsham, PA
Leading Manufacturer for Aerospace and Defense Industries Relocates and Doubles Operations to Newly Converted Advanced Manufacturing Facility
May 6, 2024

Media Contact
Corporate Communications, Tri-State Division and New England

In a transaction arranged by CBRE, Align Precision, a leader in tight-tolerance manufacturing for aerospace, defense, semiconductor, and high-tech industries, is proud to announce the expansion of its operations with a new 85,396 square-foot facility at 425 Privet Road in Horsham, PA. This strategic move, doubling the size of the company's footprint from its previous location in Huntingdon Valley, is poised to bolster its commitment to serving key partner ASML and to expand its cleanroom capabilities.
In addition to enhancing operational capabilities, the new facility will enable Align Precision to hire key talent in the area. The expansion supports high-tech NC (Numerical Control) machining and cleanroom assembly operations, crucial for meeting the growing demands of the semiconductor and high-tech industries.
CBRE’s team, led by Tim Morris, Mike Maloney, and Brian Smyth, managed the leasing arrangements on behalf of the property’s owners, Griffith Properties & DRA Advisors. Mike Cohen of Situs Properties represented Align Precision in these negotiations, ensuring a fit-for-purpose environment for Align Precision’s ambitious plans.
“Ownership’s execution on the building renovations to reposition the asset made 425 Privet Road an ideal fit to meet Align Precision’s future real estate requirements as it expands its operations,” said Mr. Morris. “The company, which is one of the leading manufactures supporting the aerospace and defense industries, required state-of-the-art industrial space to support its fast-growing business, and 425 Privet Road precisely fit their needs.”
“Griffith Properties is thrilled to welcome Align Precision to 425 Privet where Align will take advantage of the enhanced utilities and building improvements made by ownership for their world-class engineering and precision manufacturing clientele” said Brad Takala, Principal at Griffith Properties.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.