The complex, known as Commerce Way Distribution Center, stands at 13423 SantaAna Ave. At 817,750 sf, it's one of the largest single-story, freestandingstructures ever built in Southern California.
Newport Beach-based developerWestern Realco began the complex on a speculative basis last year for ownerPrincipal Capital Management. Construction was finished about three monthsago.
Home Shopping Network runs the popular, 24-hour cable-TV channel that hawkseverything from inexpensive jewelry to computers and furs. HSN signed a10-year, $30-million lease for the building about a month after constructionstarted and is expected to remain its sole tenant.
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