Crosse Partners has acquired a 57,088-square-foot industrial building in Huntington Beach for $17.4 million, according to CoStar data.
The Huntington Beach-based private equity firm paid Canada-based Oxford Properties roughly $305 per square feet for the property at 5302 Rancho Road. The site includes nearly 38,000 square feet of warehouse space with 28-foot clear heights, along with about 19,300 square feet of two-story office space.
Orlando Precision is listed as the current tenant, according to CoStar.
Steve Wagner, Zach Niles, Brendan Brady and Makenna Peter of JLL represented the seller. Crosse Partners was represented by Randy Ellison and Andrew Ryan of Cushman & Wakefield.
“After below average sales volume in Orange County in 2023 and 2024, we saw a strong rebound in industrial owner-user sales in 2025,” Steve Wagner, JLL senior managing director, said in a statement. “This growth is a testament to the strong entrepreneurial spirit in the market and business owners viewing industrial real estate as an avenue toward long-term wealth creation.”
