Artesia Centre Will Open in August in Long Beach

Opening is scheduled in August for the Artesia Business Centre, a $13-million, eventual 267,000-square-foot, six-building industrial park being developed by Borstein Enterprises of Santa Monica on 12.7 acres at the southeast corner of Artesia Boulevard and Cherry Avenue, Long Beach.

Phase 1 of the park’s construction will consist of four concrete tilt-up buildings, of 75,600, 51,200, 28,600 and 26,500 square feet and the second phase, two buildings of 54,800 and 30,400 square feet, designed by Development Concepts Corp. of Beverly Hills. The general contractor is Fullmer Construction.

Borstein purchased the site from Tarkett Inc. of Parsippany, N. J., which will lease about 30,500 square feet of one of the first-phase buildings to serve as its western warehouse. The Seeley Co., which represented the lessor in the $1.2-million transaction, is the marketing agent for the center and negotiated the land sale.

Glendale Project

Ground has been broken at 820 Thompson Ave., Glendale, for a 46,000-square-foot multi-tenant industrial park designed by Clair Earl & Associates of Glendale. The $2.5-million project is being developed by Tony Maniscalchi, Dave Parker and Pacific Capital Development. The general contractor is McCormick Construction of Glendale and leasing will be handled by Stevenson Dilbeck Commercial Services, also Glendale. Completion is expected in May or June.

Building Leased

P. Leiner Nutritional Products Inc. has leased an 84,240-square-foot building in the 278-acre Pacific Gateway Center, near the intersection of the Harbor and San Diego freeways in Torrance, for three years from Cadillac Fairview/California. The P. Leiner firm, represented by Leonard & Ohren in the $1-million transaction, plans to use the building for offices, light manufacturing, warehousing and distribution.