Item 2. Properties
Item 2. Properties.
We are headquartered in Newark, California. Our principal facilities include properties in North America, Europe and the Middle East, which are primarily for manufacturing, assembly, warehousing, engineering, retail and service, and administrative activities. We have opened 57 studios and service centers (excluding temporary and satellite service centers) under leases: 42 in North America, eleven in Europe and four in the Middle East. Our current manufacturing facilities are in Casa Grande, Arizona and Saudi Arabia. We currently lease or own the land on which our material properties are situated, and the leased properties are subject to various lease arrangements with third-party entities.
Excluding our growing portfolio of retail and service locations, a list of certain of our principal facilities are outlined below:
Primary Use Location Owned or Leased
Headquarters Newark, CA Leased
Manufacturing (AMP-1, LPM-1) Casa Grande, AZ Owned/Leased (1)
Manufacturing (AMP-2)
King Abdullah Economic City, Saudi Arabia
Leased
(1) We own a substantial portion of the AMP-1 property and have an option to purchase the land for the portion of the AMP-1 property that is under lease. The property relating to LPM-1 is under lease.
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