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Tuesday, Nov 5, 2024

NoHo Hosts $5.7 Million Sale of Industrial Building

The multi-tenant industrial building at 13026 Saticoy St. in North Hollywood has sold for $5.7 million. Built in 1974 on just over an acre of land, the property, which spans 22,250 square feet, currently has 17 tenants, including Kitchen Cabinets Remodeling, Davis Mach Co., Yoli’s Produce & More, The Wizard of Ink, Teryx Machine and Precision Quality Machinery. Greg Offsay, Todd Nathanson and Jesse Knight of Encino-based Illi Commercial Real Estate represented the seller. David Young and Chad Gahr of NAI Capital represented the buyer, which CoStar Group identifies as Harry Marks Inc. of Van Nuys.

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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