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3700 Redondo Beach Avenue

Blake Baird Of Terreno Realty Corporation Leases 145000 Square Feet To Domestic Energy Company In Redondo Beach
LEASEDIndustrial

Blake Baird Of Terreno Realty Corporation Leases 145000 Square Feet To Domestic Energy Company In Redondo Beach

3700 Redondo Beach Avenue, 3730 Redondo Beach Avenue & 2411 Santa Fe Avenue

Building Size

435,000 SF

Asset Type

Industrial

Closing

Feb 25, 2026

AI

The asset involved in this transaction is an industrial property located in Redondo Beach, comprising a total of 145,000 square feet across three buildings, specifically at 3700, 3730 Redondo Beach Avenue, and 2411 Santa Fe Avenue. The market for this property is Redondo Beach, and it is owned by Terreno Realty Corporation.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 145,000
  • Address: 3700, 3730 Redondo Beach Avenue & 2411 Santa Fe Avenue
  • Market: Redondo Beach
  • Landlord: Blake Baird - Terreno Realty Corporation

The deal involves a lease agreement with a tenant that is an unnamed domestic energy company, likely a major utility operator associated with Southern California Edison. Blake Baird represents Terreno Realty Corporation in the leasing transaction.

Players

Blake Baird

Terreno Realty Corporation

Landlord

$2B

vol

54 deals

Landlord

Redondo Beach 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