Terra Universal Buys Fullerton Industrial Facility
The company acquired a 136,200-square-foot property for $50 million to consolidate its manufacturing operations.
Updated on Oct. 30, 2026 in Commercial
Live Poll
Do you feel local business activity in your area is currently getting stronger?
Terra Universal has purchased an industrial facility at 1500 South Raymond Avenue in Fullerton from Rexford Industrial Realty. The $50 million transaction allows the buyer to consolidate manufacturing and distribution activities into a single location.
Why it matters
The acquisition enables Terra Universal to control long-term occupancy costs by moving from two leased properties into a single, modern facility. For Rexford, the sale is part of a broader strategy to divest assets as it pursues a $2 billion annual disposition goal for 2026.
The property at 1500 South Raymond Avenue spans 136,200 square feet, resulting in a price per square foot of $367. The site was newly constructed by Rexford in 2025.
The players
Rexford Industrial Realty
This real estate investment trust specializes in industrial properties throughout Southern California.
Terra Universal
This company provides manufacturing and critical environment solutions for cleanrooms and laboratories.
Cushman & Wakefield
This global commercial real estate services firm manages transactions and facilities for corporate clients.
The details
Brokered by Cushman & Wakefield, the deal repurposes a site that previously hosted The Hotel Fullerton. Terra Universal is transitioning out of 180,000 square feet of leased space into the new Fullerton building to streamline its infrastructure.
Timeline
Rexford completed construction of the Fullerton facility in 2025.
Rexford sold 22 industrial properties for $1.2 billion in August 2026.
The Commerce Center at Buena Park was sold in Q3 2026.
The Rexford-Terra Universal sale was reported on October 30, 2026.
Culture Shift
This sale follows the pattern set by Rexford Industrial Realty's 2026 portfolio realignment strategy. The transaction contributes to the firm's broader corporate trend of divesting industrial assets to reach a $2 billion annual disposition target.
The consolidation of Terra Universal into a single Fullerton site may reduce local traffic associated with its current multi-site operations. Local residents will see a new industrial use for the land that previously hosted The Hotel Fullerton.
The takeaway
Companies often prioritize asset consolidation to optimize long-term operational costs and simplify logistics. Business owners looking to scale should evaluate whether owning a purpose-built facility provides better cost control than maintaining multiple leased locations.
Further reading
For more information on market trends, visit Fullerton Commercial.
Source note: This article includes information reported by The Real Deal New York.
Live Poll
Do you feel local business activity in your area is currently getting stronger?
