ORANGE COUNTY-Two companies have scooped up space at Huntington Beach's Skylab Corporate Center, bringing its occupancy level up to 100%.
In the first deal, a sheet-metal fabricator hammered out a $2.7-million agreement for 46,000 sf of space at the 105,000-sf, mixed-use complex. According to the terms of the eight-year lease, Morgan Metals will occupy the entire “Building B” at 5921 Skylab Road.
Morgan Metals was represented by Wayne Lambert of Colliers Seeley International's Anaheim office. The landlord, Newport Beach-based Master Development Corp., was represented by Brad Bierbaum and Brian DeRevere of the Anaheim office of CB Richard Ellis.
Skylab's other occupant is a shoe importer, which recently laced up a $4.6-million deal to purchase the complex's 57,312-sf Building A. The building, which stands at 5951 Skylab Road, serves as the U.S. corporate headquarters and distribution center for the European-based Pacific Shoe Corp.
Pacific Shoe Corp. was represented by Kevin Turner of Colliers Seeley. Bierbaum and DeRevere represented MDC.
MDC and its joint venture partner, the Guardian Life Insurance Co., had purchased the 5.5-acre Skylab Corporate Center site in December 1998 from Boeing Realty Corp. The parcel is inside the 100-acre Boeing SpaceSystems Campus.
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