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12/16/25
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Signal Hill Commerce Center, a portfolio of three industrial properties totaling 89.4k sf of space in Signal Hill, was acquired by an out-of-state high-net buyer for $24 mil ($268/sf). The properties are located at 2698 Junipero Ave, 2300 Walnut Ave and 2700 Rose Ave, adjacent to the 405 Fwy and Long Beach Airport.
The portfolio totals four buildings across 4.3 acres and is 87% leased to 46 diverse tenants with unit sizes ranging from 1.3k sf to 4.2k sf. All four buildings feature 24-foot clear height and between 12 and 20 ground-level doors.
Located in the port-adjacent South Bay submarket, CBRE research indicates it has one of the highest asking rents in the market due to its proximity to the ports of Los Angeles and Long Beach.
CBRE's Michael Longo, Eric Cox, Grant Goldman, Mark Shaffer, Anthony DeLorenzo, along with Brian Held, represented the seller, DRA, in the transaction. Greg Grant and Pete Obradovich, with CBRE's Debt & Structured Finance practice, organized the funding.
"This offered a truly unique opportunity to acquire irreplaceable assets in one of the country's most desirable industrial markets," said Goldman, associate at CBRE. "With strong in-place cash flows and significant near-term mark-to-market opportunities, these properties are well-positioned for continued success."
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