Beam Global relocates California manufacturing to leased Yuma, Arizona campus, retains purchase option

Beam Global

Beam Global

BEEM

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  • Beam Global set a lease with an option to buy two industrial buildings in Yuma, Arizona, relocating California manufacturing from San Diego.
  • Campus totals about 55,000 square feet; first building to be occupied July 15, 2026, second on Jan. 1, 2027.
  • Lease runs through July 31, 2031; purchase option available at a fixed price during the lease term.
  • Move targets lower production costs; rent savings projected at about $400,000 in 2026.
  • Rent savings projected at USD 2.7 million over the five-year lease term; production expected to continue without interruption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beam Global published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606250600PRIMZONEFULLFEED9752355) on June 25, 2026, and is solely responsible for the information contained therein.

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