CBRE facilitated the $8.3-million sale of a 26,321-square-foot industrial property located at 15881 Chemical Ln. in Huntington Beach to a private buyer. The firm’s Anthony DeLorenzo, Sammy Cemo, Bryan Johnson, and Harry Su, along with CBRE National Partners’ Eric Cox and Mike Longo, represented the private seller, 15581 Chemical Lane LLC.
The property features 4,689 square feet of office area, a secured yard with additional storage, clear heights ranging from 17 to 21 feet, five grade-level doors, one dock position and truck access across 1.25 acres.
“This transaction highlights the rarity of coastal industrial opportunities in Orange County,” said Cemo. “With limited inventory and a lack of new deliveries, ownership opportunities like this are increasingly scarce. The property’s functionality, short-term WALT with a rent substantially below market and strategic location near major ports make it a compelling investment.”
According to CBRE, Huntington Beach’s industrial vacancy stands at 2.3%.
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