Raytheon Signs Sizable Southern California Office Renewal

Raytheon Technologies Corp. signed a deal to renew its lease in roughly 150,000 square feet at 2222 E. Imperial Highway in El Segundo, California, in one of the biggest office deals this year, according to CoStar data. The renewal is a positive sign for an office sector that's struggled in greater Los Angeles and across the nation as remote and hybrid work persists during the pandemic.