Press Release brought to you by NAI Global

Just released: Sold for $14.1 Million

03/25/2015

CHATSWORTH, CA – The Industrial Brokerage Team of David Young, SIOR and Chad Gahr, SIOR both Senior Vice Presidents with NAI Capital’s Encino office represented the Seller “9401 De Soto LLC”, and the Buyer “Rexford Industrial Realty, L.P.” in the sale of an 153,984 square foot distribution building located at 9401 De Soto Avenue, Chatsworth, CA.  The building was the former corporate headquarters, manufacturing and distribution center for Topco Sales.

Located near the intersection of De Soto and Plummer, 9401 De Soto Avenue is a concrete-tilt-up distribution building with 28’ ceiling height, 8 dock high loading doors and high quality corporate office space. Built in 1983, the building is situated on 6.68 acres of land and has over 700 lineal feet of frontage along highly traveled De Soto Avenue.

Rexford Industrial is a publicly traded REIT (NYSE: REXR) and is a leading Southern California focused industrial real estate investment firm operating a portfolio comprised of more than 10.5 million square feet of industrial real estate.

Rexford Industrial intends on making extensive upgrades to the property and then offering it to the market for lease. David Young and Chad Gahr with NAI Capital will be the listing agents handling the leasing of the property on behalf of Rexford Industrial.

For more information about the space that will be available for lease, please contact David Young and Chad Gahr with NAI Capital at (818) 905-2400 or visit their website at http://industrialrealestatesfv.com/

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 member of NAI Global, a premier real estate service network in 55 countries with 375 local offices and 6,700 local market leaders 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 consulting and advisory services. To learn more, visit www.naicapital.com  NAI Capital Brokerage BRE #00806840.

Contact: Sharon Fitzgerald, Public Relations, 818.742.1655 and sfitzgerald@naicapital.com

 

03/26/2015 - 13:15

Source

NAI Global

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