A recent post at http://hbmortgageoracle.wordpress.com/2008/07/01/west-county-industrial-holds-strong-big-with-investors/ reported on the relative strength of the industrial market locally. It reported on the Pacific Gateway Business Center in Seal Beach, a development totaling 830,000 square feet. Six of the 10 buildings have been sold. Three buildings recently sold for $38.8 million, despite the instability in the financial markets.
It mentioned also that companies relocating to the Seal Beach area were a mixture of apparel, automotive, household products and appliances, aerospace, pharmaceutical, construction, electronics, and banking industries.
