VITAL STATISTICS
REXFORD SANTA CLARITA VALLEY INDUSTRIAL ASSETS
27712 & 27756
Deal Value: $38M
Colliers brokered the sale of two off-market, fully leased, single-tenant industrial assets in the Santa Clarita Valley totaling $38 million.
Representing both the buyer, Rexford Industrial, and Seller in the disposition of the two properties adjacent to three others in Rexford’s portfolio, Colliers’ brokers Matt Dierckman, David Harding, Greg Geraci and Billy Walk assisted Rexford in securing the targeted assets with the benefit of long-term cash flow, a flexible close date for the seller and future repositioning potential.
The site, located at 27712 and 27756 Avenue Mentry in California’s Santa Clarita Valley, comprises 220,753 square feet and 9.1 acres.
VITAL STATISTICS
9530 De Soto Avenue & 9533 Irondale Avenue, Chatsworth
Deal Value: $20.1M
9530 De Soto Avenue and 9533 Irondale Avenue in Chatsworth sold in March 2023 for $20 million. Delphi Business Properties, Inc.’s Mike Hooker represented the buyer. The two industrial buildings, that are adjacent to each other, total approximately 78,162 square feet.
Hooker secured a Buyer to not only purchase the two buildings but also the business. The industrial complex was the previous headquarters for Classic Cosmetics and the buyer is a previous employee.
VITAL STATISTICS
ORION AVENUE
8101-8117 Orion Avenue, Van Nuys
Deal Values: $17M
NAI Capital Commercial CEO Chris Jackson and executive vice president Todd Lorber with the Investment Services Group negotiated the sale of a multitenant industrial building, totaling 48,394 square feet, located in Van Nuys.
The NAI Capital Commercial team represented the seller, Rexford Industrial Realty, Inc., in the transaction. The buyer was Orion Business Park, LLC, a California limited liability company. The multitenant industrial building sold for $17 million or $351 per square foot.