Archive for December, 2010
MIRA LOMA, CA – David Knowlton CCIM, SIOR of NAI Capital’s Newport Beach office represented The Corporation of the Presiding Bishop of The Church of Jesus Christ of Latter-day Saints in the purchase of a 95,527 square foot industrial building situated on five acres at 12160 Philadelphia Avenue in Mira Loma, California. The value of the transaction was not disclosed.
According to Knowlton, the buyer will utilize the facility for the bulk storage and distribution of food and household products to support worldwide disaster relief.
The seller, Rhodes Development, was represented by Greg Sargenti of Voit Real Estate Services.
For more information on the above transaction, please contact David Knowlton with NAI Capital’s Newport Beach office at 949-854-6600.
|ENCINO, CA — Steve Weiss of NAI Capital’s Encino office represented Northridge Business Center in the sale of 35,000 square feet of land (Zoned M-1) located at 8875 Tampa Avenue, Northridge to Chic-fil-A, Inc. The transaction value was not disclosed.|
|The 35,000 square foot lot is part of a larger 100,000 square foot parcel NAI Capital currently has on the market for sale. The parcel that Chick-fil-A (CFA) purchased is currently occupied by Sizzler until early next year. CFA intends to demolish the existing building and build a new Chick-fil-A, noted Weiss. The remaining 65,000 square foot parcel (formerly occupied by Harper’s Bar & Grille) is still for sale.|
|Chic-fil-A was represented by John Rootlieb of Main & Main, Inc.|
|For more information regarding this transaction, or for information on the listing, please contact Steve Weiss at 818.905.2400.|
|About NAI Capital
NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a worldwide real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com.
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In November, NAI Capital brokers and staff gathered to support Light the Night’s LA Chapter at the Woodland Hills walk, helping the organization raise just shy of $1M for this year’s campaign.
Each year, in communities all across the United States and Canada teams of families, friends, co-workers and local and national corporations come together to raise funds for The Leukemia & Lymphoma Society’s (LLS’s) Light The Night Walk events and bring help and hope to people battling blood cancers.