October 10, 2019
West Harbor Capital completed the lease of an 8.67-acre land parcel in La Habra, CA to an unnamed major national courier company. West Harbor Capital is currently working through the horizontal development of the site as part of this last-mile facility for the new tenant.
DAUM’s Chris Migliori and Paul Gingrich handled the lease negotiations. DAUM also helped West Harbor acquire the land earlier this year.
“The strength of our client’s investment in this land and repositioning strategy was quickly realized when interest from this large credit tenant was secured before the acquisition was even finalized,” says Migliori.
The North Orange County site is located at 551-555 S. Harbor Blvd. The Torrance, CA-based investor/developer expects the site to be ready for occupancy by Q1 2020.
For comments, questions or concerns, please contact Dennis Kaiser