Sale Consideration - $4.82 Million
HEGER INDUSTRIAL COMPLETED SALE TRANSACTION
Sale Consideration - $4,821,665
Heger Industrial is pleased to announce its recent Sale transaction of 28430 Witherspoon Parkway, Valencia, California 91355.
Heger Industrial’s Trevor Gale and Jon Reno, SIOR represented the Buyer, Neotech Products, Inc., and John Erickson with Colliers International represented the Seller, 28430 Witherspoon Parkway, LLC, in the sale of this 36,766 square foot industrial building situated on 60,548 square feet of land. This transaction was the up-leg portion of Neotech’s 1031 tax deferred exchange after recently selling their former 22,470 square foot industrial building located at 27822 Fremont Court in Santa Clarita, CA for $2,781,280 in June 2015.
Neotech was founded in 1986 and is the leader in the development of neonatal, pediatric and respiratory products worldwide.