CBRE Facilitates $14 Million Sale of Santa Fe Springs Business Park

CBRE facilitated the $14 million sale of Santa Fe Springs Business Park, a three-building shallow-bay industrial property at 11721-11741 Telegraph Road in Santa Fe Springs, California. The buyer acquired the property to fulfill its 1031 exchange requirement.

CBRE’s Mark Shaffer, Grant Goldman, Matt Harris and Anthony DeLorenzo represented the seller, StarPoint Properties, in the transaction.

“Santa Fe Springs Business Park offered the buyer a fully leased, shallow-bay multi-tenant industrial investment in one of Greater Los Angeles’ established infill markets,” said Mark Shaffer, Senior Vice President at CBRE. “Its location along Telegraph Road, access to Interstate 5 and Interstate 605, and stable cash flow from seasoned tenancy were important attributes of the offering.”

The 53,300-square-foot property spans approximately 3.37 acres and includes three industrial buildings. Built in the 1980s, the business park is fully leased to eight tenants.

The property is located along Telegraph Road in Santa Fe Springs, near Interstate 5 and Interstate 605.

According to CBRE research, the Los Angeles industrial market recorded 1.91 million square feet of net absorption in Q3 2026, marking its fourth consecutive quarter of positive absorption. Year-to-date net absorption reached 5.09 million square feet, while leasing activity totaled 13.67 million square feet, up 6.5% year over year. Vacancy fell 20 basis points from the previous quarter and the prior year to 5%.