Industrial
NAI Capital Closes $3 Mil Industrial Deal in the Valley
May 2nd
CHATSWORTH, CA – Timothy P. Foutz with NAI Capital’s Encino office represented the Seller, LEC Properties, LLC, and the Buyer, Nordhoff SSA, LLC in the sale and purchase of a 24,150 sq. ft. industrial property located at 20433-20439 Nordhoff Street in Chatsworth, CA. The value of the sales transaction was slightly over $3 million. More >
NAI Capital Represents Sky Zone Indoor Trampoline Park in Third Lease
Apr 15th
VAN NUYS, CA – Charles Carmichael with NAI Capital’s Encino office represented the Tenant, Sky Zone Van Nuys Capital Partners LLC, in the second consecutive lease for the franchise (and the third for NAI Capital). The 39,000 sq. ft. industrial property is located at 7741 Hayvenhurst Avenue in Van Nuys, CA and leased from the Landlord, 777 Heaven LLC. The value of the lease transaction was over 3 Mil.
Carmichael’s first lease for Sky Zone Indoor Trampoline Park was a 25,608 sq. ft. property located in Covina Town Center at 1314 N Azusa Ave, Covina CA, and it opened for business in Nov 2012. The second 37,560 sq. ft. lease was brokered by Lynn Coker from NAI Capital’s Palm Desert office and was located at 4031 Flat Rock Drive in Riverside, CA and opened in June 2012. More >
NAI Capital Represents the Seller in a $4.4 Mil Industrial Sale in Rosemead, CA
Dec 19th
ROSEMEAD, CA — NAI Capital industrial specialists Howard Lee, Richard Horn, and Philip T. Attalla, from the Commerce office, represented the Seller, the Carson Family Trust, in the sale of a 53,768 sq. ft. industrial building located at 9056 Garvey Avenue, Rosemead, CA to the Buyer, Ms. Wei Yu. The value of the sales transaction was $4.4 Mil. More >
NAI Capital Purchased a 101,890 sq. ft. Warehouse from Prologis in Kent, WA for $7.5M
Nov 30th
Kent, WA — NAI Capital industrial specialists’ Philip T. Attalla and Richard Horn with the Commerce office represented the Buyer, Sweetener Products, Inc., in the purchase of a 101,890 sq. ft. industrial building located at 8030 South 194th Street, Kent, Washington from the Seller, Prologis. The value of the sales transaction was $7.5 million. More >
NAI Capital Represents the Buyer in the Purchase of a 18,240 SF Industrial Property in L.A. for over $1.7 Million
Nov 27th
LOS ANGELES, CA – Ali Makoui with NAI Capital’s West L.A. office represented the Buyer, Cho & Pour Properties LLC, in the purchase of an 18,240 sq. ft. industrial property located at 2900 E. 11th Street in Los Angeles, CA from the Seller, William W. Lynn and Isabel D. Lynn. The value of the sales transaction was over $1.7 million. More >
NAI Capital Sells American Mini Storage Property for $3.9 Million Dollars in Palm Desert
Nov 15th
PALM DESERT, CA – Stephen Grossman with NAI Capital’s Orange County office represented the Seller and the Buyer, both San Diego based companies, in the sale and purchase of American Mini Storage, a 57,500 sq. ft. self-storage property located at 39700 Garand Lane, Palm Desert, CA. The value of the sales transaction was close to $3.9 million. More >
NAI Capital Represents the Sale of Caliente Springs RV & Self Storage in Desert Hot Springs for $3.1 Million
Nov 9th
DESERT HOT SPRINGS, CA – Stephen Grossman with NAI Capital’s Orange County office in cooperation with C-III Realty Services, LLC represented an undisclosed Seller and Buyer in the sale and purchase of Caliente Springs RV & Self Storage a 139,033 sq. ft. self-storage property located at 15305 Little Morongo Road, Desert Hot Springs, CA. The value of the sales transaction was $3,100,000.
NAI Capital Represents Rexford Industrial in Lease of 76,993 SF Industrial Building
Nov 9th
SAN FERNANDO, CA – In one of the larger lease transactions to occur in the San Fernando Valley Industrial market this year, David Young, Chad Gahr, Todd Lorber and Chris Jackson, all Senior Vice Presidents of NAI Capital’s Encino office, represented the Landlord, Rexford Industrial, in the leasing of a 76,993 square foot industrial building located at 1050 Arroyo Street, San Fernando, CA to PureTek Corporation. Purchased by Rexford Industrial’s RIV V Fund in 2011, NAI Capital was retained in 2012 to market the property both for lease and for sale. More >
NAI Capital Sells Industrial Property in Ontario, CA for $3M
Oct 4th
ONTARIO, CA – Nicholas Chang and Richard Lee with NAI Capital’s Ontario office represented an undisclosed Seller, in the sale of a 45,202 SF industrial property located at 1200 Wanamaker Avenue to the Buyer, Astro Properties LLC. The outside brokerage was Apex Real Estate Solutions Inc., and the value of the sales transaction was over $3 million dollars. More >
NAI Capital Cooks up a $5.3M Sweet Deal in Torrance
Sep 4th
TORRANCE, CA – Warren Noack and Kimberly Noack with NAI Capital’s South Bay office represented the Seller, The Weber Family Trust, in the sale of a 59,000 SF industrial bakery located at 22417 S. Vermont to the Buyer, Venice Baking Company. The cooperating brokerage was handled by Cushman & Wakefield. The value of the sale transaction was $5.3M. More >
NAI Capital Moves Capitol Self-Storage in Tucson, AZ for $1.7M
Aug 21st
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NAI Capital Closes $3M Industrial Property in Los Angeles, CA
Aug 16th
Los Angeles, CA — NAI Capital industrial specialists Richard Horn and Philip T. Attalla, represented the Seller, Tan Atlantic Petrolia, LLC, in the sale of a 37,607 SF industrial building located at 3616 Noakes Street, Los Angeles, CA 90023. The building was purchased by the Buyer, Ginger Green, Inc., a garment manufacturing company located in Los Angeles, CA who used SBA financing to acquire the property. More >
NAI Capital Sells $2.4M Industrial Building in Compton, CA
Aug 14th
COMPTON, CA – Kimberly Noack, Warren Noack and Robert W. Morris with NAI Capital’s South Bay office represented the Seller, Kona Realestate Partners, in the sale of a 26,658 SF industrial property located at 1515 Kona Drive to the Buyer, Forman Shipping USA. The value of the sales transaction was $2.4M. More >
NAI Capital Sells $1M Deal in Paramount, CA
Aug 14th
PARAMOUNT, CA – Warren Noack and Kimberly Noack with NAI Capital’s South Bay office represented the Seller, Ted W. Page, in the sale of a 12,288 SF industrial property located at 14005 Orange Avenue to the Buyer, Mohammad H. Ahmadinia and Angela Zenzola. The value of the sale transaction was over $1M. More >
NAI Capital Closes $3.3M Self Storage Property in Victorville, CA
Aug 3rd
VICTORVILLE, CA – Stephen Grossman with NAI Capital’s Orange County office represented the Seller, STW Ministorage, and the Buyer, WCAL, LLC, in the sale and purchase of a 102,860 sq. ft. self-storage property located at 11622 Amargosa Road. The value of the sales transaction was $3.3M.
“This deal is clear evidence that demand for well-priced storage properties in smaller markets is back, Investors are beginning to return to the value-add markets with a longer term investment strategy in mind,” said Grossman.
The property, built in 1985, is comprised of 102,860 rentable square feet of storage space demised into 623 units situated on 6.7 acres. Features include high traffic street visibility on Interstate 15, concrete construction, steel doors, onsite residence, personalized gated entry and video surveillance. The Buyer, an out of state storage company owner, plans to improve and update the property.
| 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 premier 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 cnsulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840 ### |