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Tuesday, Jul 23, 2024

Moorpark Warehouse Sells for $6.13 Million

VZD Industrial Investments LLC has purchased a warehouse at 14399 Princeton Ave. in Moorpark for $6.13 million, according to CoStar Group. The 45,945-square-foot warehouse sold for $133 per square foot. VZD, headed by Woodland Hills-based Martin Kavinoky, bought the 1987-built warehouse from MCA Realty Inc. The industrial property currently has one tenant: Turbonetics Inc., an original equipment manufacturer of turbochargers, heat exchangers and pressure control components for motorsport, industrial and military sectors.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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