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Sun Valley Warehouse Sells for $2 Million

11841 Sheldon Street

Industrial property has sold for $2.06 million, or $339 a square foot.

Spectrum CRE ™ represented both seller and buyer in the sale of the multi-tenant building. Spectrum Vice President Matt Sreden represented the seller in the transaction, while Senior Associate Barry Jakov and Executive Managing Director Yair Haimoff represented the buyer.

Industrial Property in San Valley, California

The industrial building at 11841 Sheldon Street has easy access to the 5, 210 and 118 freeways. The structure, which sits on a 22,223 square foot lot and consists of one building with five units ranging from 870 to 1,828 square feet, totals approximately 6,080 square feet. It features five ground level loading doors and has a gated lot.

Spectrum CRE ™, founded in 2018 and headquartered in Valencia, is a full service commercial real estate firm.

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Spectrum CRE ™ locks in three transactions for industrial, retail, office space

Industrial, Retail and Office Space - Spectrum Commercial Real Estate

Spectrum CRE ™ locks in three transactions for industrial, retail, office space.

Spectrum CRE ™, announced Wednesday its completion of three transactions for office, industrial and retail space in Santa Clarita, totaling at nearly $5 million.

Yair Haimoff, commercial real estate advisor and Spectrum CRE ™ founder, and his team represented the buyers in the transactions and the seller in one of the business deals, according to a news release by Spectrum CRE ™.

Retail

For $1.2 million, investor and developer HIG LLC purchased a property currently occupied by Sandcastles Childcare Center from seller Bethlehem Lutheran Church.

The property is comprised of a 3,120-square-foot, freestanding commercial building located within a nearly 30,000-square-foot commercial-zoned parcel at 27303 Luther Drive.

The property was purchased as an investment hold and future development, the release read.

Office

Spectrum CRE ™ represented HWF Investment Group LLC, in the purchase of a Class A building of about 5,000 square feet for $1.5 million.

The property is located within the Centre Pointe Business Park on 26531-26535 Summit Circle. HWF Investment Group intends to use the space for its corporate headquarters, Spectrum CRE said in the release.

Industrial

Aerospace manufacturer NaKi LLC closed in on a purchase for a more than 10,000-square foot, free-standing industrial building in Valencia for $2.2 million.

Spectrum CRE ™ officials said the buyer plans to relocate from Santa Fe Springs and occupy the property, which is situated on a business park at 24930 Avenue Tibbitts.

“This was a challenging purchase as there is (an) extremely limited supply of this product and buyer had to compete with three other offers,” the release read.

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Bakery Leases New Headquarters at Warner Center

Bakery Lease - Spectrum Commercial Real Estate

Bakery Leases New Headquarters at Warner Center

An upscale baked goods producer and café have signed a 15,757-square-foot deal on a Warner Center facility that will become the company’s new manufacturing space.

Spectrum CRE ™, leader Yair Haimoff represented tenant Wildflour Bakery & Café and Lessor 26 Califa LLC. in the industrial/office complex lease.

The property, located at 21160 Califa St. in Woodland Hills, will be utilized by Wildflour Bakery & Café of Agoura Hills as its new baking facility while the Conejo Valley company retains its café in Agoura Hills.

Owned by Gregory Yulish, Wildflour produces and delivers baked goods directly to big-box retailers and restaurants nationwide. The company will move into the Warner Center space during the third quarter.

Founded in 2018 by Haimoff, Spectrum CRE ™ is a full-service commercial real estate firm in Valencia.

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Multi-Tenant Retail Lot in Newhall Sold

Peachland Main

Multi-Tenant Retail Lot in Newhall Sold

Yair Haimoff, SIOR, and Andrew Ghassemi, commercial real estate advisors with Spectrum CRE ™, are pleased to have represented the buyer in the sale of a +/- 6,297 square foot multi-tenant retail property in Newhall.

This was an all-cash transaction. The amount was not disclosed. The property is located at 25057-25067 Peachland Ave., in Newhall, 91321, within the Santa Clarita submarket. It is situated on a 23,087 square foot parcel and is part of a larger shopping center anchored by Smart & Final, Union Bank, and the US Postal Service.

This multi-tenant property is situated within the Corridor Plan (CP) zoning area, designated by the city of Santa Clarita. The CP zoning designation identifies lands in the planning area that are governed by an adopted corridor plan. This coupled with new developments currently in progress provides the new owner(s) with tremendous upside in terms of future opportunities. Call brokers for more information.

 

About Spectrum CRE ™.

Spectrum CRE ™, founded in 2018 and headquartered in Valencia, California, is a full service commercial real estate firm that offers clients personalized service, local knowledge and a fresh pioneering approach to brokerage services. The firm’s full spectrum of services includes tenant and landlord rep, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit developments, debt/equity, and providing clients with exceptional brokerage services. For more information, visit www.Spectrumcre.com.

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Kaiser Permanente Renews Lease in Valencia

Kaiser Permanente Renews Lease in Valencia

Valencia Executive Plaza at 27201 Tourney Road in Valencia.

Kaiser Permanente Renews Lease in Valencia

Kaiser Permanente has renewed its lease for nearly 11,000 square feet of medical space in Valencia.

Located at 27201 Tourney Road, the property known as Valencia Executive Plaza sits within the Valencia Corporate Center. The office building has undergone recent renovations and features extensive views of the golf course at Valencia Country Club.

Spectrum Commercial Real Estate, Inc., in Encino represented the building’s owner, Valencia Executive Plaza LLC of Valencia, in the 10,934-square-foot deal.

Financial details of the transaction were not disclosed.

“This was a high-profile transaction that required attention, patience, and detail to take to the finish line,” said Spectrum Commercial Real Estate Vice President Matt Sreden, who represented the landlord along with Spectrum broker Andrew Ghassemi and Spectrum founder Yair Haimoff.

According to Spectrum CRE ™, the lease represents one of the largest medical transactions in the Santa Clarita Valley submarket since the second quarter of 2016.

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Ultimate Business Award Winners 2019

Ultimate Business Award Winners 2019

élite Magazine Interactive Media of Santa Clarita has announced the Ultimate Business Award Winners 2019.

Spectrum CRE ™ is proud to be Santa Claritas’ Ultimate Commercial Real Estate Company! Thank you for voting for us!

Ultimate Business Award Winners 2019

Ultimate Business Professionals & Award  Winners 2019

Ultimate Car Wash
Valencia Car Wash
24233 Creekside Rd, Valencia
661-255-3448
valenciacarwash.com

Ultimate CPA
Julie M. Sturgeon CPA
28042 Avenue Stanford # E, Valencia
661-251-6031
santaclaritatax.com

Ultimate Tax Services
Jeffrey D. Winger, CPA
23822 Valencia Boulevard,
Suite 304, Valencia
661-286-0044
www.gbmi.com

Ultimate Family Lawyers
The Reape-Rickett Law Firm
25152 Springfield Court, Suite 100, Valencia
661-288-1000
divorcedigest.com

Ultimate Wealth Management
Vance Wealth
26491 Summit Cir, Santa Clarita
661-775-0950
vancewealth.com

Ultimate Dealership
Valencia Acura
23955 Creekside Rd, Valencia
661-228-1222
valenciaacura.com

Ultimate Residential Realtor
Cherrie Brown &
Zach McReynolds (Next Home)
23734 Valencia Blvd #110, Valencia
661-877-1929
realestateforsantaclarita.com

Ultimate Financial Planning
Thrivent Financial
Jeff & Melanie Meyer
25350 Magic Mountain Pkwy, Valencia
661-799-0230
connect.thrivent.com

Ultimate Bankruptcy Lawyer
RJB Law Offices
25000 Avenue Stanford #262, Valencia
888-256-8581
santaclaritabankruptcylawfirm.com

Ultimate Bank
Logix Federal Credit Union
Various locations through Santa Clarita
800-328-5328
logixbanking.com

Ultimate In-Home Care
Comfort Keepers
23900 Lyons Ave, Newhall
661-287-4200
comfortkeepers.com

Ultimate Non-Profit
Henry Mayo Newhall Hospital Foundation
23845 McBean Pkwy,
Valencia
661-200-1200
henrymayo.com/support-henry-mayo

Ultimate Insurance Broker
LBW Insurance & Financial Services
28055 Smyth Dr, Valencia
888-522-7805
lbwinsurance.com

Ultimate Escrow Company
Newhall Escrow
24010 Lyons Ave, Newhall
661-259-3450 | newhallescrow.com

Ultimate Commercial Real Estate
Spectrum CRE ™.
28392 Constellation Road, Valencia
661-306-9600 | spectrumcre.com

OTHER WINNERS:

Ultimate Divorce Lawyer
Denise Placencio

Ultimate Mortgage
American Family Funding

Ultimate Investment Company
Schramm Financial Group

Ultimate Elder Law
McNamara Law Firm, PC

Ultimate Web Services
Santa Clarita Website Design

Ultimate Business Lawyer
Poole & Shaffery, LLP

Thank-You-Santa-Clarita

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Commercial Real Estate 2019 Broker Nominees

Commercial Real Estate 2019 Broker Nominees

Stephen Algermissen
Cushman & Wakefield

Patrick Amos
CBRE

John S. Archibald
Colliers International

Mike Arnold
NAI Capital

David Aschkenasy
Commercial Asset Group

Tony G. Azzi
Marcus & Millichap

Bill Bauman
Newmark Knight Frank

Scott Becket
JLL

Jeff Benson
Marcus & Millichap

Chuck Berger
Cushman & Wakefield

Alex Blecksmith
Colliers International

Hayley Blockley
JLL

Steve “Bogie” Bogoyevac
Marcus & Millichap

Ryan Bos
Cushman & Wakefield

Tim Bower
CBRE

Ben Brownstein
Marcus & Millichap

Genny Chang
Newmark Knight Frank

Robert Cohen
RKF

Jeffrey Cole
Cushman & Wakefield

Thomas A. Condon
Colliers International

Eric Cox
CBRE

Rob Crumly
CBRE

Dean Cutler
illi Commercial Real Estate

Ali de Oca
JLL

Jay Dick
CBRE

Todd Doney
CBRE

Kevin Duffy
CBRE

Darren Eades
JLL

Brian Eisendrath
CBRE

Matthew Erickson
Colliers International

Joe Faulkner
NAI Capital

Derek Fitch
CBRE

Mike Foley
Cushman & Wakefield

Jennifer Frisk
Newmark Knight Frank

Chad Gahr
NAI Capital

Robert Garey
Cushman & Wakefield

Greg Geraci
CBRE

Scott Gertz
WESTMAC Commercial Brokerage Company

Andrew Gharibian
First Property Realty Corporation

Andrew Ghassemi
Spectrum CRE ™.

Steven Goldstein
Marcus & Millichap

Neal Golub
CBRE

Josh Gorin
Savills Studley

Joe Grabiec
Institutional Property Advisors

Kevin Green
Institutional Property Advisors

Kirby Greenlee
NAI Capital

Yair Haimoff, SIOR
Spectrum CRE ™.

Michael Hanassab
Marcus & Millichap

Rob Hannan
Newmark Knight Frank

Dave Harding
CBRE

Ryan Harding
Newmark Knight Frank

Matthew Hargrove
CBRE

Greg Harris
Institutional Property Advisors

Ronald Harris
Marcus & Millichap

Elliot Hassan
Marcus & Millichap

Maureen Hawley
JLL

Ed Hernandez
Cushman & Wakefield

Dave Hess
Cushman & Wakefield

Morgan Jackson
Cushman & Wakefield

Barry Jakov
Spectrum CRE ™.

Gavin Ketchum
Newmark Knight Frank

Bill Kiefer
NAI Capital

Terence Kirk
Colliers International

Alex Kozakov
CBRE

Alan Krueger
CBRE

Jonathan Larsen
Avison Young

Eric Lastition
Newmark Knight Frank

Darla Longo
CBRE

Michael Longo
CBRE

Jeffrey Louks
Marcus & Millichap

Jay Luchs
Newmark Knight Frank

Geoff Ludwig
Newmark Knight Frank

Brian Luft
NAI Capital

Andrew Lustgarten
Savills Studley

Brett Lyon
Lyon Stahl Investment Real Estate

T.C. Macker
WESTMAC Commercial Brokerage Company

Carine Mamann
Cushman & Wakefield

Bradford McCarthy
CBRE

John McMillan, SIOR
Newmark Knight Frank

Brandon Michaels
Marcus & Millichap

Kyle Miller
Newmark Knight Frank

Matthew Miller
CRESA

Michael Moll
Newmark Knight Frank

Janette Monfared
Marcus & Millichap

John Montakab
CBRE

Patrick Moody
Colliers International

Tony Morales
JLL

Kazuko Morgan
Cushman & Wakefield

Carl Muhlstein
JLL

Nico Napolitano
Cushman & Wakefield

Janet Neman
Kidder Mathews

Dana Nialis
CBRE

Filip Niculete
Marcus & Millichap

Christian Noonan
JLL

Philip Norton
Colliers International

Nicholas Nybokken
Colliers International

Ashley Obradovich
Newmark Knight Frank

Greg Offsay
illi Commercial Real Estate

David O’Keefe
Marcus & Millichap

Guillermo Olaiz
Colliers International

Eric Olofson
Cushman & Wakefield

Orbell Ovaness
CBRE

Luke Palmo
WESTMAC Commercial Brokerage Company

Nathan Pellow
Colliers International

Rebeca Finkel Perlmutter
CBRE

Barbara Perrier
CBRE

Craig Peters
CBRE

Dedrik Pharis
CBRE

Gerald Porter
CRESA

David Prior
The Klabin Company

Roderick Raymundo
Marcus & Millichap

Lior Regenstreif
Marcus & Millichap

Marc D. Renard
Cushman & Wakefield

Scott Riddles
CBRE

Richard Ringer
Marcus & Millichap

Richard Rizika
Beta Retail

James Robbins
Colliers International

Nico Rosmarin
Lyon Stahl Investment Real Estate

Phil Ruhl
CBRE

Bob Safai
Madison Partners

Cameron Samimi
Lyon Stahl Investment Real Estate

Jeff Sanita
Newmark Knight Frank

Brett Sanson
Marcus & Millichap

Manfred Schaub
Cushman & Wakefield

Bryan Schellinger
Marcus & Millichap

Frank Schulz III, SIOR
The Klabin Company

Matthew Schwartz
Newmark Knight Frank

Kevin Shannon
Newmark Knight Frank

Lee Shapiro
Kennedy Wilson

Peter Sherman
Avison Young

Michael Slater
CBRE

Stephen Soqui
Marcus & Millichap

Matt Sreden
Spectrum CRE ™

Woody Stahl
Lyon Stahl Investment Real Estate

Kimberly R. Stepp
Stepp Commercial

Robert Stepp
Stepp Commercial

Michael Sterman
Marcus & Millichap

Ian Strano
NAI Capital

Laura Stumm
Newmark Knight Frank

Greg Stumm
Newmark Knight Frank

Joey Sugar
CBRE

Mark Sullivan
Savills Studley

Sean Sullivan
CBRE

Todd Taugner
The Klabin Company

Jason Tuvia
Marcus & Millichap

Todd Tydlaska
CBRE

Patrick Wade
CBRE

Kitty Wallace
Colliers International

Rob Waller
CBRE

Angie Weber
CBRE

Jonathan Weir
Marcus & Millichap

Stew Weston
CBRE

Danny Williams
Newmark Knight Frank

David Young
NAI Capital

Shane Young
Marcus & Millichap

Dean Zander
CBRE

John Zanetos
CBRE

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NoHo Industrial Property Sells for $5.1 Million

Industrial Property in North Hollywood

7525 Ethel Ave. in North Hollywood.

NoHo Industrial Property Sells for $5.1 Million

A single-story, eight-unit industrial property at 7525 Ethel Ave. in North Hollywood has sold for $5.1 million, or $222 a square foot, according to brokerage Spectrum Commercial Real Estate Inc.

Constructed in 1973, the property consists of a roughly 22,500-square-foot concrete tilt-up multi-tenant building situated on just over 2 acres.

The units, which range from 1,640 to 2,854 square feet, feature 13-foot-minimum warehouse clearance, ample power, fenced and secured parking area, easy loading and ample parking.

Spectrum Commercial Real Estate’s founder Yair Haimoff represented the undisclosed buyer.

Formed in 2018, Spectrum CRE ™ is headquartered in Valencia.

 

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Randy Cude Joins Spectrum CRE ™ as Executive VP

Randy Cude, Spectrum Commercial Real EstateSpectrum CRE ™ is pleased to announce its newest member Randy Cude, who will serve as executive vice president and be based in Spectrum CRE ™ headquarter office in Valencia.

As a leading expert in the Santa Clarita and Antelope Valleys Cude brings more than 34 years of commercial real estate experience with a focus in leasing, acquisitions, and dispositions of commercial real estate and institutional portfolio management.

During his extensive career, Cude represented a broad range of organizations and was involved with thousands of assignments.

Prior to Spectrum CRE ™, Cude was a senior vice president at NAI Capital, where he was a top producing broker year after year during a 13-year tenure.

Cude as a local expert has been recognized and awarded by Santa Clarita Valley Economic Development Corporation and Santa Clarita Valley Business Journal with multiple awards for his outstanding performance in the industry.

“Randy is truly an outstanding individual and a commercial real estate professional with an excellent track record of integriy and success” said Yair Haimoff, executive managing director at Spectrum CRE ™.

“His personal approch to the business is truly unique. We feel that Randy has the passion, vision and wisdom that will complement and elevate our team and add value to our clients,” Haimoff said.

About Spectrum CRE ™.

Spectrum CRE ™, founded in 2018 and headquartered in Valencia, California, is a full service commercial real estate firm that offers clients personalized service, local knowledge and pioneering approach to brokerage services. The firm’s full spectrum of service includes tenant and landlord rep, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit development, debt/equity, and providing clients with exceptional brokerage services. For more information, visit www.Spectrumcre.com

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UCLA Health Expands at Encino Location

The Regents of University of California – Los Angeles have signed a lease to assume approximately 27,215 square feet of medical office space for UCLA Health, according to Yair Haimoff, founder of the recently formed brokerage Spectrum CRE ™ in Santa Clarita.

Haimoff signed UCLA Health to a new decade-long commitment. Planning and construction of tenant improvements at the space are currently underway.

Centrally situated in Encino and also serving Tarzana and Sherman Oaks, UCLA Health’s Encino Arches will be comprised of primary and specialty medical offices.

In 2016, Haimoff assisted UCLA by securing approximately 17,000 square feet at Encino Arches at 15503 Ventura Blvd. When the need for an additional 20,000 to 30,000 square feet of medical space arose, Haimoff helped the health system secure more space at the same location.

Haimoff previously worked as a broker with NAI Capital and managed its Valencia office. He negotiated UCLA lease at the end of 2017 as he transitioned from NAI to starting his own firm.

“It was inked after I left NAI and was with Spectrum CRE ™,” Haimoff told the Business Journal.

Based in Valencia, Haimoff’s Spectrum CRE ™ is a full-service commercial real estate firm with additional offices in Encino and Century City. Haimoff started Spectrum CRE ™ in January.