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
Compton Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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