Shea Augments SoCal's Industrial Stock

ALISO VIEJO, CA—Shea Properties is expanding its industrial portfolio with the development of a new project in Huntington Beach, CA, and an expansion of an existing project in Ontario, CA. The projects, which began construction last month, will add a total of approximately 270,000 square feet to the firm’s portfolio and will be available for occupancy later this year.

Shea Center Huntington Beach will be a roughly 144,750-square-foot, two-building, state-of-the-art industrial center at 17322 and 17332 Gothard St., formerly the Randall Lumber site. The buildings, approximately 50,200 square feet and 94,500 square feet, will be constructed to CALGreen standards, with both buildings offering multiple dock-high and ground-level loading doors, 30-foot to 32-foot clearance, ESFR sprinklers and fenceable yards. CBRE brokers Bob Goodmanson and Chris Bates are handling the leasing.