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SCV Businesses Expand Amid Vaccine Optimism

25158 Ave Stanford Santa Clarita

Valencia, CA, December 21 –Businesses in the Santa Clarita Valley are showing signs of optimism for 2021 as Covid-19 vaccinations roll out. Valencia-based Spectrum Commercial Real Estate, Inc., successfully helped Santa Clarita-based manufacturing company, 3D International, LLC, grow its automotive detailing operation by securing additional warehouse space at 25158 Avenue Stanford.

This latest partnership adds an extra 21,660 square feet of industrial warehouse space for 3D International. “This is a testament of our local business owners adapting, pivoting, and thriving during these unprecedented times,” says Yair Haimoff, founder and executive managing director of Spectrum CRE ™. This latest expansion adds to a previous September lease expansion deal of approximately 10,164 square feet signed by 3D International at 25161 Rye Canyon Loop in Valencia, after the company began making hand sanitizers in their facilities.

Haimoff adds, “With the surge of activity we’ve been fortunate to earn the trust of many organizations and entrepreneurs. In the past three months alone, we’ve managed to represent other manufacturing and warehouse/distribution clients secure additional storage facilities as well as help owner-user and investors purchase facilities within the Santa Clarita Valley.”

The latest boost in commercial real estate comes amid burgeoning hopes of the first Covid-19 vaccines being distributed in California and all-time low interest rates. “We are getting a lot of interest from buyers who want to take advantage of the low interest rates but unfortunately there is not enough quality inventory right now so it forces us to search deeper for additional opportunities,” Haimoff says, “You just need the right team on your side to uncover the hidden gems.

About Yair Haimoff

Yair Haimoff holds the prestigious SIOR (Society of Industrial and Office Realtors) designation as Founder and Executive Managing Director of Spectrum CRE ™, a commercial brokerage, property management, and investment advisory service firm specializing in industrial, retail, and office real estate.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 pioneering approach to brokerage services. The firm’s full spectrum of 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, debt/equity, and providing clients with exceptional brokerage services. For more information, visit www.Spectrumcre.com

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Spectrum Commercial Real Estate, Inc. Represented the Seller and Buyer in the Sale of this +/- 19.38 Acre in a Prime Santa Clarita Valley Location

M1 Zoned development site at 23925 The Old Road in Newhall, California

Spectrum Commercial Real Estate, Inc. Represented the Seller and Buyer in the Sale of this +/- 19.38 Acre in a Prime Santa Clarita Valley Location

Valencia, CA – October 1, 2020Randy Cude, Matt Sreden, and Connor Quan commercial real estate brokers with Spectrum CRE ™, are pleased to have represented the Seller and Buyer in the sale of an M1 Zoned development site at 23925 The Old Road in Newhall, California.

This vacant +/- 19.38 Acre Lot has 1,385 feet of street frontage along The Old Road. The property sits along the I-5 Freeway, and is within close proximity to State Route 14, FivePoint – Newhall Ranch Development, Six Flags Magic Mountain, Disney and ABC Studios, and Needham Ranch Business Park.

The Buyer was attracted to the Property for its development potential and intends to construct its new headquarters on the Property.

Randy, Matt & Connor were able to negotiate the transaction within a short period of time and successfully navigate it to a successful close during an unprecedent time for small business lenders.

The final purchase price was approximately $2.5 Million.

Call brokers for more information.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 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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Spectrum Commercial Real Estate, Inc. Represented the Buyer and Seller in the Sale of a 7,499 SF Industrial Land Parcel in Van Nuys

7029 Valjean Avenue, M1 zoned land parcel in Van Nuys, California

Spectrum Commercial Real Estate, Inc. Represented the Buyer and Seller in the Sale of a 7,499 SF Industrial Land Parcel in Van Nuys

Van Nuys, CA – September 21, 2020Yair Haimoff, SIOR, and Barry J. Jakov, commercial real estate brokers with Spectrum CRE ™ are pleased to have represented the Seller and Buyer in the sale of a M1 zoned land parcel in Van Nuys, California.

Located at 7029 Valjean Avenue, the property is an approximate 7,499 square foot parcel of land that is situated within the highly desirable Van Nuys Airport vicinity. It is located less than one mile from the 405 freeway onramp and is within close proximity to Van Nuys Flyaway, Van Nuys Golf Course, Balboa Park and many amenities.

The Buyer was attracted to the Property for its development potential and intends to construct its new headquarters on the Property.

Barry and Yair were able to negotiate the transaction within a short period of time and successfully navigate it to a successful close during an unprecedent time for small business lenders. Final sale price was $885,000.

For more information, please contact Yair Haimoff and/or Barry Jakov.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 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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Spectrum Commercial Real Estate, Inc. Represented the Seller and Buyer in the Off-Market Sale of Valencia Atrium a 65,178 +/- SF Class A Office Building

28494 Westinghouse Place, Valencia Atrium

28494 Westinghouse Place, ‘Valencia Atrium’

Spectrum Commercial Real Estate, Inc. Represented the Seller and Buyer in the Off-Market Sale of Valencia Atrium a 65,178 +/- SF Class A Office Building

Valencia, CA – September 22, 2020 – Yair Haimoff, SIOR, Andrew Ghassemi and Matt Sreden, commercial real estate brokers with Spectrum Commercial Real Estate, Inc., are pleased to have represented the Seller and Buyer in the off-market sale of Valencia Atrium, an institutional quality Class-A three story office building that is located in Valencia, California.

Valencia Atrium is an approximately 65,178 square foot three story Class-A office building that is situated on approximately 3.37 acre parcel. It is comprised of a diverse mix of 47 professional office suites ranging from 600+/- SF to 2,270 +/- SF. The property was built in 2002 and renovated in 2017. It features sweeping panoramic views of the Santa Clarita Valley and interior atrium views of lush landscaping and water features. Additionally, Valencia Atrium is one of the few Class-A buildings that are environmentally friendly and features charging stations.

Located at 28494 Westinghouse Place, ‘Valencia Atrium’ is situated within the highly desirable Valencia Gateway Corporate Point. It is across from Courtyard Marriot and Embassy Suites and is visible from both I-5 and SR-126. The property is positioned on the Southeast corner of Newhall Ranch Road and Vanderbilt Way, and approximately one-eighth mile east of I-5 and SR-126 (Newhall Ranch Road) interchange offering immediate access freeway access.

Spectrum Commercial Real Estate, Inc. represented both the Buyer, Rowe LLC and the Seller, Westinghouse Associates, LLC. The final purchase price was approximately $15 Million.

Call broker for more information.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 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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Spectrum Commercial Real Estate, Inc. Represented the Seller in the Sale of 6,077 SF High-Image Office Condo in the Prestigious Rye Canyon Pointe

28212 Kelly Johnson Building in Valencia CA

28212 Kelly Johnson Parkway in Valencia, California

Spectrum Commercial Real Estate, Inc. Represented the Seller in the Sale of 6,077 SF High-Image Office Condo in the Prestigious Rye Canyon Pointe

Valencia, CA – September 18, 2020 – Yair Haimoff, SIOR, Andrew Ghassemi and Matt Sreden, commercial real estate brokers with Spectrum Commercial Real Estate, Inc., are pleased to have represented the Seller in the sale of this +/- 6,077 SF high-image office condo in Valencia, California.

This high-image office condo, built in 2007, is located at 28212 Kelly Johnson Parkway in the prestigious Rye Canyon Pointe. It features excellent layout, high-ceilings, elegant double door entry, wrap around window lines with sweeping views of the Santa Clarita Valley, dual elevator access, two story atrium entry and open surface and covered parking.

The property is located within minutes from the Valencia Town Center, Henry Mayo Newhall Hospital, hotels, championship golf course, single and multi-family housing, Six Flags Magic Mountain, and many other amenities.

Call broker for more information.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 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,

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High-Image Warehouse/Distribution Building just Sold in Burbank

Warehouse & Distribution Sold in Burbank CA

High-Image Warehouse/Distribution Building just Sold in Burbank

Burbank, CA – June 1st, 2020. Yair Haimoff, SIOR, commercial real estate broker and Founder of Spectrum Commercial Real Estate, Inc., is pleased to have represented the Buyer in the sale of this +/- 14,560 SF high-image industrial building in Burbank, California.

This high-image facility, built in 2005, is located at 7691 N San Fernando Road in Burbank within Burbank Airport Commerce Center.

It is within close proximity to major studios, the Empire Retail Center amenities, and adjacent to the Bob Hope Airport.

The buyer an owner-user based in the San Fernando Valley will be utilizing the property as a distribution center of finished product.

Call broker for more information.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., 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 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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Spin-Off Success

Yair Haimoff, Founder of Spectrum Commercial Real Estate Inc.

Photographer: Thomas Wasper at The San Fernando Valley Business Journal

By Michael Aushenker Staff Reporter at The San Fernando Valley Business Journal

BROKERAGE: From NAI Capital to his own firm, Yair Haimoff has become a force in industrial real estate.

Amid the many success stories in the Valley region’s real estate industry, the career trajectory of Yair Haimoff stands out.

Not yet 50, Haimoff is the founder and executive managing director of Spectrum CRE ™, a commercial brokerage and property management firm that specializes in the San Fernando Valley and Santa Clarita submarkets.

Prior to launching his Valencia-based firm, Haimoff was one of NAI Capital’s top producing brokers and branch manager of the LA North office located in Valencia. During his 15-year NAI tenure, he recruited, trained, and mentored several agents, forming one of NAI’s top producing teams.

2018 proved the turning point of Haimoff’s career when he left NAI Capital and founded Spectrum CRE ™. The company currently has two main offices in Valencia and Woodland Hills, with satellite offices in Encino and Century City. Haimoff’s company employs 20 people in total.

“It was definitely a difficult decision,” said Haimoff in reference to his decision to go solo.

” A couple of major items that I needed to consider prior to making the move were the responsibility that I have to my family and the other is making a move after being with a company for so many years. I also had another obstacle – my father was going through cancer treatments and ultimately passed away as I was just making the transition.”

One person who understands the difficulty  Haimoff faced in leaving an established brokerage is Newmark Knight Frank Executive Managing Director John DeGrinis. A year ago he and fellow industrial brokers Patrick DeRoss and Jeff Abraham jumped agencies from Colliers International to Newmark Knight Frank in Warner Center.

“It’s difficult to make a transition,” DeGrinis said. “Commissions and things that are contractual with an option, so that deals stay with the original firm. It is a little more cumbersome.”

DeGrinis was with Colliers for 33 years. “When you give them notice that you’re leaving, there’s no longer that intimate relationship,” he said. “You’re now on the outside looking in. … Changes is always disruptive but, a lot of times, it is good because you reinvent itself.”

Unusual deals

During its first year, Spectrum CRE ™ helped broker a $20 million portfolio sale of properties in Van Nuys and now Haimoff is negotiating to sell a different portfolio with seven components to it.

“We are going to have plenty of product coming up,” he said. “We will see a new evolution.”

One challenge for Haimoff’s young company is adapting to changing market conditions in real-time. For example, one of Spectrum’s splashiest deals closed in November, Northridge Medical Center, a two-story, 30,353-square-foot building at 18433 Roscoe Blvd., was sold for $12 million. As the structure was right across from Dignity Health,

“We ended up selling it to an owner/user,” Haimoff said, adding that “when a property lists for $10 million or more, it’s rare to find an owner/user. But that was because there were no available buildings.”

Northridge building that sold
Northridge: Haimoff sold for $12 million

Another unusual Spectrum CRE ™ deal closed last May for client Smokebuddy – a Pacoima-based manufacturer of a device that kills the odor of cannabis. In this case, Haimoff had to convince the client about the best strategy.

“The inventor wanted to lease more space,” Haimoff said. “I said, ‘Why don’t you just buy the property?'”

He knew finding a property for the business would present extreme challenges. But he unearthed a 23,000-square-foot building at 11662 Tuxford St. in Sun Valley, which Smokebuddy’s creator purchased for $2.25 million. The company occupies just under half of the space alongside seven other tenants.

And last April, Haimoff found Agoura Hills-based Wildflour Bakery and Café its desired auxiliary kitchen space at 21160 Califa St. in Woodland Hills. Wildflour bakes challah bread for outlets such as Trader Joe’s and Costco and specialty bread for The Habit, Hook Burger and other regional chains.

Wildflour Bakery at 21160 Califa St
Woodland Hills: Haimoff brokered the lease for Wildflour Bakery at 21160 Califa St.

Valley roots

Haimoff was born to his father, of Russian ancestry, and mother, of Kurdish heritage, in Israel. His father served in the Israeli military for more than 30 years, eventually retiring as a lieutenant colonel. Upon his retirement, he decided to relocate his family to the United States. At age 13, Haimoff moved to Woodland Hills in 1989.

Haimoff attended Hale Junior High and El Camino High School. He had to overcome a number of culture shock aspects from the transition, including learning to speak English.

“You would never have felt that Woodland Hills would be the downtown of the Valley.” he said. “I remember riding my bicycle through all of these industrial buildings that we handle now.”

Upon high school graduation in 1994, Haimoff attended Pierce College in Woodland Hills and Moorpark College in Moorpark before transferring over to California State University – Northridge, where he earned his bachelor’s in criminal justice.

The award-winning realtor began his career in the commercial real estate industry with NAI Capital in 2002 as what he said the firm’s first-ever intern. Later, investment broker Barry Rothstein presented Haimoff with an opportunity to become his assistant.

“Barry was the first to hire me within NAI Capital,” Haimoff said.

“His timing couldn’t have been better because at the time, computers were just beginning to become necessary tools for brokers,” Bob Scullin, former chief executive and part-owner of NAI Capital, told the Business Journal. “He, being a young guy, had the expertise to use and understand the technology. … Eventually, he became indispensable.”

In 2003, Yair acquired a position as an assistant to the investment team, where he worked on large-scale projects, including the sale of one of the largest shopping centers in the city of Santa Clarita, California.

“We closed one of the largest deals in Valencia (circa 2004) for $70 million – it was the shopping center at McBean and Magic Mountain Parkway,” Haimoff said.

As an assistant to Rothstein, Haimoff honed his skills on everything from preparing the deal memorandum to marketing and brass tacks.

“It was a good experience,” he said. “I learned every aspect of the industry. That was pretty much my introduction into industrial real estate.”

In 2015, Haimoff was appointed executive managing director and branch manager of NAI Capital’s LA North/Valencia Office, where he multiplied the branch’s personnel from four to 18 brokers and turned his office into one of his company’s highest performers. In that setting, he developed the management skills that launched Spectrum in 2018.

Unfortunately, 2018 also marked the year that Haimoff’s father died of cancer. However, one of Haimoff’s five brothers, Isaac Haimoff, works for him at Spectrum as a senior vice president.

Shawn Evenhaim, chief executive of Canoga Park-Headquartered developer California Home Builders, bought a Woodland Hills property that was brokered by Haimoff in 2018. It will become the site of the Q on Califa.

Evenhaim told the Business Journal that he had a very positive experience acquiring the property at 21300 W. Califa St. For now, In His Presence church occupies the site but when its lease expires the land will become apartments.

“Yair is a very professional and knowledgeable broker and we enjoy working with him and look forward to work with him again in the future,” Evenhaim said.

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Spectrum CRE ™. Represented the Buyer in the Sale of a Leased Investment in Burbank

11,711 SF commercial building

September 4, 2019 – Yair Haimoff, SIOR, commercial real estate advisor and founder of Spectrum CRE ™, is pleased to have represented the Buyer in the sale of leased investment in Burbank.

Commercial Building in Burbank, California

The property, an approximately 11,711 SF commercial building is located at 1110 S. Victory Boulevard in Burbank, California, is situated minutes from the 5 and 134 freeways. The property recently underwent major renovations. The building is leased to CityLights Baptist Church through 2034 and features offices, a sanctuary, a music studio, and a cafeteria.

The Seller was under a time crunch and needed to sell the property quickly. Spectrum CRE ™ was able to find a buyer that offered a very appealing short contingency, all-cash offer with a quick close. The property sold for $2.5 million!

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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.