The three buildings measure 59,731 sf, 50,469 sf and 71,989 sf and are located on Storm Parkway. They are scheduled for completion in December.
The development site, on Storm Parkway near the cross streets of Normandie and Sepulveda, is a 40-acre infill location that is part of extensive land holdings that Storm Properties assembled over many years. The site is close to the ports of Long Beach and Los Angeles in an unincorporated area of Los Angeles County that Storm Properties is redeveloping.
All of the properties at the new project are designed for multi-tenant use and outfitted for distribution, warehouse and light manufacturing. The three phases of Storm Business Park will include 10 class A industrial buildings ranging from 13,000 sf to 70,000 sf; phase one, consisting of two buildings, was completed earlier this year.
Storm Properties Inc. is a division of Storm Industries Inc., a developer of industrial properties throughout Southern California. The buildings at its Storm Business Park are being marketed by the CB Richard Ellis team of Jeff Morgan, Scott Huber and Jae Yoo.
The 10 new buildings at Storm Industrial Park will join eight that Storm developed beginning in the mid-1980s. The new buildings are being developed at former manufacturing facilities that are being redeveloped for warehouse, light manufacturing and light assembly uses.
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