Powerwave Technologies Inc. Completes Sale-Leaseback of Corporate Headquarters

Represented Powerwave Technologies Inc., a publicly-traded telecommunications company (Nasdaq: PWAV), in the real estate sale-leaseback financing of its Orange County corporate headquarters to a real estate private equity firm. This allowed the company to recapitalize and access 100 percent of their real estate value, while maintaining long-term operational control of their facility.

The corporate headquarters building is approximately 360,000 square feet, located in Orange County.