Sale Consideration - $2.78 Million
HEGER INDUSTRIAL COMPLETED SALE TRANSACTION
Sale Consideration - $2,781,280
Santa Clarita, California
Heger Industrial is pleased to announce its recent Sale transaction of 27822 Fremont Court, Santa Clarita, CA 91355.
Heger Industrial’s Trevor Gale and Jon Reno, SIOR, CCIM represented the Seller, Neotech Products, Inc., and Joel Hutak with Lee & Associates represented the Buyer, Stanford Avenue Industrial, LLC, in the sale of this 22,470 square foot industrial building on 57,367 square feet of land.
Neotech was founded in 1986 and is the leader in the development of neonatal, pediatric and respiratory products worldwide. Due to their significant growth over the last few years, they are going to be acquiring a larger facility in Valencia that will be more suitable for their operation.