Valencia, CA – July 2, 2021 – Matt Sreden, Vice President of Spectrum Commercial Real Estate, Inc., is pleased to have represented the buyer in the recent sale of this ±6,640 sq. ft. industrial/office condo in a prime Valencia location.
This is the buyer’s third acquisition within the business park in recent years; the buyer plans on converting this property into high-end professional executive office suites.
The asset is a high-image, Class-A industrial/office condominium complex located in the prestigious Rye Canyon Pointe.
The building is located at 28338 Constellation Road, D-1, Unit 900. The property was built within a master-planned business park in 2006, and it boasts a well-designed ±75% office configuration with floor-to-ceiling windows and an incredible view of the Santa Clarita Valley. The unit is in a prime corner location that offers high visibility.
The property is located near the corner of Constellation Road and Alta Vista Avenue. It is within minutes from Valencia Town Center amenities, restaurants, fitness centers, daycare centers, golf courses, the Hyatt Hotel and Conference Center, and the new Newhall Ranch Development (20,000 +/- residential units). Also, it provides easy access to I-5, SR-14, and SR-126.
The property sold for $1,800,000.
Call broker for more information.
About Spectrum Commercial Real Estate, Inc.
Spectrum Commercial Real Estate Inc., founded in 2018 and headquartered in Valencia and Woodland Hills, 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