Chuck Wilson of Colliers Seeley's Anaheim office tells GlobeSt.com that the aerospace firm had been leasing the property with an option to buy. Wilson and Wayne Lambert, also of Colliers Seeley, represented the buyer, with Al Segal of Collins Commercial representing the seller, which had owned the property for about 10 years.
Coast Aerospace specializes in precision machining, fabrication and tooling for aerospace applications. Wilson says Coast occupies the entire 48,000 sf of the freestanding building, which it has occupied for approximately five years.
The facility is a concrete tilt-up industrial building with about 4,000 sf of mezzanine office space. It was built in the 1970s and, although it is a freestanding structure, it is in an industrial area of Huntington Beach that includes many other similar buildings.
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