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11/16/20
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A newly developed, last mile transloading eCommerce distribution facility situated on 11 acres in La Habra was acquired by an unnamed institutional investor. The property is 100% leased to a national credit tenant.
Located at 555 S Harbor Blvd, the property consists of 34.3k sf of transloading package terminals, 78 loading positions, 246 van stalls/ 51 trailer stalls, 928 sf of office space, a state-of-the-art secured gate system, and 15-ft tall walls. The site also includes 2.6 acres for future expansion potential.
Jeff Cole, Jeff Chiate, Ed Hernandez, Mike Adey, and Bryce Aberg with Cushman & Wakefield’s National Industrial Advisory Group in Southern California represented the seller, West Harbor Capital, in the disposition. Rick Ellison and Randy Ellison of Cushman & Wakefield along with Chris Migliori and Paul Gingrich of Daum Commercial provided market advisory.
“Built in 2020, this unique opportunity reflected a new ‘alternative industrial investment’ of a state-of-the-art trans load facility with exceptional van and small truck parking and circulation servicing last mile parcels for North Orange County, and parts of Los Angeles County and the San Gabriel Valley,” said Cole. “This is truly an irreplaceable asset given the scarcity of infill locations with the zoning allowing for this specialized use, while also situated in one of the most sought-after industrial markets in the nation.”
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