San Fernando, CA – December 8, 2021 – Executive Managing Director Yair Haimoff, SIOR and Senior Associate Barry Jakov of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent sale of an Industrial Warehouse located in the City of San Fernando in California.
Spectrum CRE™ represented the Buyer in the transaction.
This freestanding 5,500 square foot industrial building located at 758 Arroyo Street in the City of San Fernando, is situated on a fenced and secured M2 zoned lot and features, flexible floor plan, three ground level loading doors, an efficient open warehouse configuration, ample power, and divisible into two units.
The Property is situated near public transportation, cultural arts, education institutions, and excellent local dining amenities. Additionally, the property has rapid access to the 118, 405, and 210 Freeways.
“There is currently an unprecedented lack of industrial inventory in the entirety of the San Fernando Valley,” said Jakov, “our owner-user client was motivated by a competitive price, the attractive location, and expanding business opportunities in the area.”
Given the current market, Spectrum CRE™ was pleased to complete the sale of this rare industrial opportunity.
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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