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Port of Long Beach The US Navy, Maritime Administration and the California Environmental Protection Agency approved to transfer ownership of 125 acres.

LOS ANGELES—The US Navy, the Maritime Administration and the California Environmental Protection Agency have approved to transfer ownership of 125 acres of land from the former Navy complex to the City of Long Beach. The Port of Long Beach land has operated the land site as Pier T container terminal, one of the Port’s terminals and the terminal that can accommodate megaships, since the late 1990s under a lease.

“Almost all of the 125 acres is already being used on Pier T,” Lee Peterson of the Port of Long Beach, tells GlobeSt.com. “The ownership transfer formally deeds property to the Port that we have had control of since 1998, and with the Navy and MARAD, have cleaned up and developed. So it won’t change operations at the terminal by giving additional space, but it does underscore the success of converting a shut-down Navy base into a thriving commercial operation. City leaders back in the 1990s at the time when the Defense Department made the decision to close the base had no way of knowing that the Pier T terminal would be a success.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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