The property involved in this transaction is an industrial asset located at 2310 Gladwick Street in Rancho Dominguez, CA. The facility spans 65,670 square feet and is owned by Terreno Realty Corporation, catering to the needs of its tenant, Medical Chemical Corporation.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2310 Gladwick Street
• Market: Rancho Dominguez, CA
• Landlord: Blake Baird - Terreno Realty Corporation
• Tenant: Medical Chemical Corporation
• Broker: Sean O’Donnell - Savills
• Lease Terms: long-term

This transaction involves Medical Chemical Corporation securing a long-term lease as part of their consolidation strategy, establishing a centralized warehouse and distribution hub. The tenant conducted an extensive site search, ultimately selecting this upgraded space due to its proximity to the Port of Los Angeles and Long Beach, positioning them favorably within the industrial market of Los Angeles.