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2310 East Gladwick Street

Medical Chemical Corporation Signs Long-Term Lease For 65,670 Square Feet In Rancho Dominguez
LEASEDIndustrial

Medical Chemical Corporation Signs Long-Term Lease For 65,670 Square Feet In Rancho Dominguez

2310 East Gladwick Street

Building Size

65,670 SF

Asset Type

Industrial

Closing

May 29, 2026

AI

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.

Players

Sean O’Donnell

Savills

Broker

1 deal

Broker
Blake Baird

Blake Baird

Terreno Realty Corporation

Landlord

$2B

vol

55 deals

Landlord
Medical Chemical Corporation
Medical Chemical CorporationTenant

Compton Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93