Flippy the kitchen robot is expanding its Pasadena digs.
Miso Robotics, which makes artificial-intelligence-driven robots that assist restaurants in food preparation, has leased nearly 33,000 square feet of office and lab space in Pasadena, California.
The company behind the Flippy frying robot and Sippy the automatic beverage dispenser is leasing nearly 22,000 square feet at 680 E. Colorado Blvd. and nearly 11,000 square feet at 650 E. Green St. in Pasadena’s Playhouse Village neighborhood.
The two new leases will serve as Miso’s new headquarters and lab space for its Robotics Engineering Lab, and expand the company’s current 3,000-square-foot footprint by nearly 11-fold.
The deals are “a continued testament to the growing tech and research and development scene in the City of Pasadena,” said Scott Steuber of CBRE Group Inc., which brokered the deal. “These two new spaces will help the Miso Robotics team as their robotics automation business continues to thrive.”
CBRE’s Hunter Brown and Jake Bobek also represented Miso Robotics in the transaction following a couple of other significant leases in Pasadena for Pasaca Capital and Narrative Ads.
Todd Doney and Juliana Sampson represented the landlord at 680 E. Colorado.
The leases come as the Greater Los Angeles office sector saw activity ease in the third quarter as many businesses reconsidered when to bring workers back to the office, according to CBRE Research, though the region’s creative, tech and gaming sectors helped keep the entire market afloat during the ongoing coronavirus recession.
L.A.’s office overall vacancy rate rose for the seventh quarter in a row to 18.1%, remaining near the highs of the Great Recession, per CBRE, and was higher in Pasadena at 20.2%. Meanwhile, overall averaging asking lease rates rose across L.A. a bit to $3.76, but were cheaper in Pasadena at $3.41.
