15432 Electronic Lane, Huntington Beach

 

In June 2021 JAAD Partners represented Electronic Lane Properties in the renewal of the lease of an existing tenant in its flex industrial building in Huntington Beach, California. JAAD negotiated a two-year lease extension with an mutual option to terminate the lease with 90 days’ prior written notice. This option provides flexibility to the tenant to search for a larger warehouse for its expanding operations, as well as the opportunity for Electronic Lane Properties to secure a long-term tenant. There were no concessions in the lease extension of this tenant in the aerospace industry which occupies 6,000 square feet of office and warehouse.