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.
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 ™.
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.
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.
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.
After more than 15 years with NAI Capital, Yair Haimoff and his team have struck out on their own and have already made a big impact in the Santa Clarita Valley real estate market.
Haimoff, a commercial real estate adviser with nearly two decades of brokerage, leasing, sales and investments experience, announced the launch of his new firm, Spectrum CRE ™, earlier this year.
Since January, Spectrum CRE ™ has been involved in several significant transactions, including the sale of the former home of Einstein Academy charter school, a $6 million property on Kelly Johnson Parkway, in addition to helping Santa Clarita Valley businesses find spots in industrial spaces such as the Centre Pointe Parkway business park in the center of town.
There, Haimoff recently located a new client where the home of the Warrior Fitness facilities were located.
“My goal is launching Spectrum CRE ™ is to provide a fresh and innovative approach to brokerage, using technology to streamline processes so our brokers can focus on providing superior client service without getting distracted by administrative tasks,” Haimoff said, nothing that, with his new company, he looks forward to innovating.
“With tools to help efficiently, including creating a sustainable working environment, our team has greater flexibility to connect with our clients on a more personal level, to deliver the greatest value and results.”
Haimoff is serving as the firm’s executive managing director and joined by brokers Isaac Haimoff, Matt Sreden, Andrew Ghassemi, Barry Jakov, Alan DiFatta, Shawn Jacobson and Nathan Shaolin, with additional brokers joining the firm soon.
Starting his own firm has been given Haimoff a number of opportunities he’s using to try to better serve Spectrum’s clients, he said, such as state-of-the-art drone footage, a little more control over client services and offices in three locations: Encino, West L.A. and the company’s Valencia headquarters on Constellation Road.
The firm’s services include tenant and landlord representation, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit developments and debt/equity.
Spectrum CRE ™ currently represents property listing throughout Los Angeles and Ventura counties.