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Category: <span>Industrial Property</span>

Unlock the Potential of Your Business with Spectrum Commercial Real Estate’s Prime Industrial Properties

Spectrum Commercial Real Estate is your trusted partner in finding prime industrial properties for your business. Our extensive portfolio includes a diverse range of industrial properties, whether you’re looking for a warehouse, manufacturing facility, or distribution center. With our in-depth knowledge of the market and strong industry connections, we can help you find the perfect space tailored to your specific requirements. Trust Spectrum Commercial Real Estate to guide you through the process, from initial search to successful acquisition. Explore our listings today and let us assist you in securing the ideal industrial property to optimize your operations and drive your business forward. Contact us now to get started.

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Multi-Tenant Industrial Building Sold in Van Nuys, California

Author: Spectrum Commercial Real Estate
Categories: Industrial Property
7653 Burnet Ave - Building Photo

Spectrum Commercial Real Estate Announces Successful $6.2 Million Sale of a Multi-Tenant Industrial Building in Van Nuys, California

Los Angeles, CA – March 22, 2024 – Executive Managing Director Yair Haimoff of Spectrum Commercial Real Estate, Inc., is pleased to announce the successful sale of an industrial investment located at 7653 Burnet Avenue, Van Nuys, California.

The property is an approximately 19,500-square-foot multi-tenant industrial building situated on an approximately 0.89-acre parcel of land and occupied by a single tenant. It features six individual units, multiple ground-level loading doors, a 15-foot warehouse clear, ample power, and two fully fenced and secured parking lots.

The property is in a prime Van Nuys location, one of the most competitive industrial markets in the Greater Los Angeles region. It is easily accessible to the 405 Freeway, Van Nuys Airport, Amenities, Public Transportation, and corporate neighbors.

The escrow period was extremely short, with limited contingencies.

Spectrum CRE ® represents the buyer.

Call brokers for more information.

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Just Sold $6.7 Million Multi-Tenant Industrial Complex in Van Nuys, CA

Author: Spectrum Commercial Real Estate
Categories: Industrial Property
14701-14721 Oxnard St - Main Photo - 3 5 2024

Spectrum Commercial Real Estate Announces Successful
$6.7 Million Sale of a Multi-Tenant Industrial Complex
in Van Nuys, California

Van Nuys, CA – February 20, 2024 – Executive Managing Director Yair Haimoff, SIOR of Spectrum
Commercial Real Estate, Inc., is pleased to announce the recent sale of a multi-tenant industrial
complex located at 14701-14721 Oxnard Street, Van Nuys, California.

The multi-tenant 20-unit industrial complex consists of two buildings totaling approximately
24,768 square feet and is situated on approximately 1 acre of M2-zoned land.

The property is in a prime Van Nuys location and offers a strategic location with easy access to
major transportation routes and amenities.

Spectrum Commercial Real Estate represented the Buyer in this off-market transaction.

This transaction showcases our commitment to delivering exceptional value to our clients and
highlights our expertise in facilitating complex real estate deals.

Call brokers for more information.

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Two Industrial Buildings Sells for 2.2 Million in Northridge, CA.

Author: Spectrum Commercial Real Estate
Categories: Industrial Property,Press Release
8649 Darby Avenue and 18412 Eddy Street in Northridge

Northridge, CA – July 1, 2023 – Executive Managing Director Yair Haimoff, SIOR of Spectrum Commercial Real Estate, Inc., is pleased to announce the recent sale of two industrial buildings located at 8649 Darby Avenue and 18412 Eddy Street in Northridge, California.

The two properties total approximately 10,500 square feet combined and are situated on two legal parcels that total approximately 15,124 square feet. The properties feature well designed layout, multiple loading doors, ample power and fenced and secured parking lot.

The properties are located in prime Northridge location. It is within minutes to amenities, Northridge Fashion Center, Cal State Northridge, Freeway Onramps and easy access to other parts of the San Fernando Valley.

The Buyer is an investor who will renovate the Properties and offer the buildings for lease.

Spectrum CRE ® represented the Buyer. This was a combined $2,222,000.00 transaction.

Call brokers for more information.

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High-Image Freestanding Industrial Building Sales for 2.1 Million

Author: Spectrum Commercial Real Estate
Categories: Commercial and Industrial Properties,Industrial Property
7059 Valjean, Van Nuys, California.

Van Nuys, CA – May 22, 2023 – Spectrum Commercial Real Estate, Inc. is pleased to announce the recent sale of a high-image freestanding industrial building at 7059 Valjean Avenue, Van Nuys, California. Executive Managing Director Yair Haimoff and Vice President Barry Jakov successfully completed the transaction.

The subject property is an approximately 4,400 square-foot high-image freestanding industrial building on an approximately 7,500 square-foot gated parcel. Built in 2000, the property features modern construction, a well-designed layout with high ceilings, ample power, and an electronic gate.

The property is adjacent to Van Nuys Airport and is near Van Nuys Flyaway, FedEx, and UPS Distribution Center and offers businesses access to key amenities and transportation hubs. In addition, its prime location provides easy accessibility and quick access to freeway on-ramps.

Despite the current market conditions and interest rate increases, the industrial market remains steady. This sale highlights Spectrum Commercial Real Estate, Inc.’s ability to identify valuable opportunities and deliver successful outcomes.

This was a $2,165,000.00 transaction, with Spectrum CRE ® representing the Buyer and Seller.

Contact Brokers for more information.

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Two Industrial Building Sale for 2.2 Million in Panorama City, CA

Author: Spectrum Commercial Real Estate
Categories: Industrial Property,Press Release
Properties-for-sale

Spectrum Commercial Real Estate Closed $2.2 Million Sale of Two Industrial Buildings in Panorama City, CA

Panorama City, CA – August 8, 2022 – Executive Managing Director Yair Haimoff, SIOR, and Vice President Barry Jakov of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent sale of two adjacent industrial buildings in Panorama City, California.

Spectrum CRE ® facilitated a record sale of two contiguous industrial buildings at 13942 Saticoy Street and 13938 Saticoy Street in Panorama City, California. The Properties were purchased by a single buyer who paid all cash.

Each building is approximately 2,075 square feet and situated on two separate 6,000 square foot parcels that share a driveway and are fenced and secured.

The subject properties are centrally located, just minutes from Van Nuys, Chandler Valley Center Studios, Kaiser Permanente, The Plant Shopping Center, Home Depot, Walmart, and across the street from Quixote Studios – perfectly situated between the 405, 170, and 101 Freeways.

“Our team worked creatively to secure both properties for our client in two separate all-cash transactions,” said Jakov.

“Our client first purchased 13938 Saticoy Street and expressed interest in the adjacent property located 13942 Saticoy Street. We subsequently contacted the owner and secured the property for our client.”

Spectrum CRE ® represented both parties. This was a combined $2,222,000.00 transaction.

Call brokers for more information.

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Two Off-Market Industrial Condominiums Sales for 2.4 Million in Sun Valley, CA

Author: Spectrum Commercial Real Estate
Categories: Commercial and Industrial Properties,Industrial Property
8000 Wheatland Ave, Bldg

Spectrum Commercial Real Estate Closed $2.4 Million Sale of Two Off-Market Industrial Condominiums in Wheatland Commerce Center – Sun Valley, CA

Sun Valley, CA – July 7, 2022 – Executive Managing Director Yair Haimoff, SIOR, and Vice President Barry Jakov of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent off-market sale of two industrial condominiums in Sun Valley, California.

Wheatland Commerce Center, located at 8000-8010 Wheatland Avenue in Sun Valley, California, consists of twenty-four high-image individual condominiums. Spectrum CRE ® facilitated the sale of two units owned by two different sellers to a single buyer within months of each other – Spectrum CRE ® represented the Buyer and Seller in the transaction.

The property is in a prime Sun Valley location, minutes away from public transportation, the Burbank Airport, JXS, and Sun Valley Metrolink Station.

“The buyer was motivated to purchase both condos to accommodate his business expansion,” said Jakov, “Our team identified the highly sought-after assets for our client in an off-market approach to facilitate rapid, all-cash transactions in a tight industrial market.”

The East San Fernando Valley Submarket had approximately $490 million worth of industrial property sales during the last 12 months, according to CoStar. Sales in this area have been above historical averages over the past five years.

This was a combined $2,350,00.00 transaction.

Call brokers for more information.

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High-Image Industrial/Flex Facility Sales for 4 Million in Burbank, CA

Author: Spectrum Commercial Real Estate
Categories: Commercial and Industrial Properties,Industrial Property,Press Release
3401 W Pacific Ave - 6 24 2022

Spectrum Commercial Real Estate Just Closed $4 Million Off-Market Sale of High-Image Industrial/Flex Facility in Burbank, CA.

Burbank, CA – June 24, 2022 – Executive Managing Director Yair Haimoff, SIOR, and Vice President Barry Jakov of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent off-market sale of a high-image Industrial/Flex Facility in Burbank, California.

The approximately 10,000-square-foot industrial facility located at 3401 West Pacific Avenue in Burbank, California has been newly renovated, offering all ground floor space, minimal office layout, one ground-level loading door, and excellent warehouse clearance.

The building is in a prime Burbank Airport location with easy access to public transportation and minutes away from local amenities. The property is surrounded by corporate neighbors such as Warner Bros Studios, Providence Holy Cross, FedEx Shipping Center, Amazon Distribution Center, Walt Disney Studios, Uber Greenlight Hub, Kaiser Permanente Regional Laboratories, and Netflix Animation – with easy access to the 5, 210, 134, and 118 freeways.

According to Barry Jakov, “This was a challenging deal. In June of 2014, the facility suffered significant fire damage and had to undergo environmental remediation. Our team kept in touch with the ownership, and when remediation was close to completion, we successfully sold the asset in an off-market acquisition opportunity to an investor”.

This was a $3,993,600.00 transaction, with Spectrum CRE ® representing both parties.

Call brokers for more information.

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Multi-Tenant Industrial Building Sales for $3.7 Million in Santa Clarita, CA

Author: Spectrum Commercial Real Estate
Categories: Industrial Property,Press Release
26858 Ruether Ave

Santa Clarita, CA – April 13, 2022 – Senior Vice President Andrew Ghassemi and Executive Managing Director Yair Haimoff, SIOR of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent sale of a Multi-Tenant Industrial building located in Santa Clarita, California.

This was an all cash, 1031 exchange transaction with Spectrum CRE ® representing the Buyer.

Built in 2002, this 16,744 square foot industrial building is located at 26858 Ruether Ave, in the city of Santa Clarita, CA. Sitting on an approximately 46,609 square foot parcel, this property features nine industrial/automotive units.

“The speed of this transaction demonstrates our market advantage, by utilizing our proprietary system and local relationships to execute timely requirements. This property has never been on the market, as it was originally constructed by the Seller’s family. A perfect example of what seasoned investors look for.”, said Andrew Ghassemi.

Santa Clarita is one of the fastest growing cities in the country. Located at the northern edge of the L.A. metro area within the Thirty Mile Zone – making this an attractive submarket to film and entertainment studios looking beyond Hollywood and Burbank, CA. In 2021 the Santa Clarita Valley Submarket recorded its highest volume of industrial property sales, according to CoStar.

This Industrial building sold for $3,695,000.00.

Call brokers for more information.

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San Fernando, CA: Six-Year Lease for Rare Food Manufacturing Facility

Author: Spectrum Commercial Real Estate
Categories: Industrial Property,Press Release
1516 - 1606 1st St

San Fernando, CA – February 15, 2022 – Executive Managing Director Yair Haimoff, SIOR with Spectrum Commercial Real Estate, Inc., just completed a 23,925 square foot lease of a food manufacturing facility, located in San Fernando, CA.

This 23,925 square foot property is located at 1530-1606 1st Street in the city of San Fernando, California. The building is currently used as a food manufacturing facility and features multiple coolers, food prep areas, washrooms, floor drains throughout, and a large lot with private gated concrete yard. The building has heavy electrical power with additional expansion possibilities.

The City of San Fernando is surrounded by Los Angeles cities like Sylmar, Lake View Terrace, Pacoima, and Mission Hills. It is served by Interstate 5, 210, 118 and 405 freeways.

“Our client needed additional space to grow its food manufacturing operation, however, it was extremely difficult to find additional space due to the low vacancy rate of Industrial product, especially food manufacturing facilities.” said Yair Haimoff, “Some of our food users give up on looking for existing food use facilities and focus on converting general industrial space into food uses. However, the cost of converting industrial space into food manufacturing is extremely expensive and the process is very long. Once this property came on the market, we needed to act quick and place an offer. The negotiations went smoothly, and we were successful in securing a long-term lease.”

Industrial sales have been vigorous during the pandemic, and the demand for refrigerated warehouse space has seen a flood of investments pouring in due to the demand for grocery deliveries and meal kit companies. Reports show that cold storage properties accounted for $2 billion in sales volume in 2021.

Yair Haimoff represented the Tenant and Greg Geraci with Colliers International represented the Landlord.

For more information, please contact the brokers.

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Spectrum Commercial Real Estate Just Completed 20,034 SF Industrial Lease in Van Nuys, CA

Author: Spectrum Commercial Real Estate
Categories: Industrial Property,Press Release
14650 Calvert St

Van Nuys, CA – January 24, 2022 – Executive Managing Director Yair Haimoff, SIOR with Spectrum Commercial Real Estate, Inc., just completed a 20,034 square foot lease of an industrial building, located in Van Nuys, CA.

The property, located at 14650 Calvert Street in the city of Van Nuys, California, is comprised of two industrial buildings that is situated on a large lot. The buildings feature two wide rear loading doors, fenced and secured parking, 15’ minimum warehouse clearance, ample power and large covered loading and storage work areas. The property is in a prime Van Nuys location, adjacent to Sherman Oaks, and only 1.5 miles from the 405 freeway.

In 2021 the industrial market rent growth rose 5%, outperforming other sectors. Economists predict that the industrial market will continue its upward trajectory in 2022, although the supply chain delays, and all-around price increases could have some effect on the industrial market.

“We had quite a bit of activity on this property due to a very low vacancy rate and high demand for this type of product”. said Yair Haimoff.  “This is a unique property, comprised of two industrial buildings and situated on a large lot with multiple entry points which is ideal for the tenant.”

Yair Haimoff represented both parties in the transaction.

For more information, please contact the brokers.

About Spectrum Commercial Real Estate, Inc.

Spectrum CRE ® was founded in 2018, headquartered in Valencia, with offices in Woodland Hills, Encino and Century City, California. We are a full service commercial real estate firm offering clients personalized service, local knowledge, and a pioneering approach to brokerage. The firm’s exceptional brokerage services include 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 property management. For more information, visit www.Spectrumcre.com

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