VAN NUYS, CA – NAI Capital’s Senior Vice Presidents’ Todd Lorber and Chris Jackson with NAI Capital’s Santa Clarita office represented the Seller, Dolores Ponticelli Trust, in the sale of a 14,400 sq. ft. industrial property located at 6843 Valjean Avenue to the Buyer, Volutone.  The value of the transaction was $1,750,000.00.

“Located in the immediate area, the Buyer had been looking to take advantage of current low interest rates.  His occupancy costs will be lower than what he would have paid in rent.” said Lorber.

The fenced 14,000 sq. ft. industrial building sits on a 30,000 sq. ft. lot and includes 2,200 sq. ft. of office space that may be utilized as a showroom.  The building also features dock high and ground level loading capacity, HVAC and ample parking while providing easy access to both the Van Nuys Airport, 405 and 101 Freeways.

For more information contact Chris Jackson or Todd Lorber at NAI Capital’s Santa Clarita office at (661) 705- 3550.