Los Angeles, CA – February 24, 2025 – NAI Capital Commercial is pleased to announce that Executive Vice Presidents Chad Gahr, SIOR, and David Young, with the Industrial Services Group in the Encino office, successfully completed the sale of a 30,000-square-foot industrial building located at 13030 Raymer Street in North Hollywood, CA, for $9,790,000.

Chad and David represented the seller, 13030 Raymer LLC, in the transaction. The buyer, Tiptop Restoration, Inc., will utilize the building as their new corporate headquarters, offering additional warehouse, storage, and distribution space to support the company’s growing restoration business in the San Fernando Valley and beyond.

Built in 1966, the building underwent significant renovations in 2022, including remodeled office space, kitchen, and restrooms, new paint, and upgraded LED warehouse lighting. Additional features include dock-high and ground-level loading, 1,200 amps of power, a 17-foot warehouse clearance height, fire sprinklers, and a fenced rear yard.

Chad stated, “The strong selling price of this off-market owner-user deal highlights the continued demand for well-located, functional industrial properties in the San Fernando Valley.”

 

About NAI Capital Commercial
NAI Capital Commercial is the largest agent- and employee-owned, full-service commercial real estate firm headquartered in Southern California, with 13 offices. As the largest member of NAI Global, we are part of a leading global commercial real estate services network comprising more than 325 brokerage offices and over 5,800 professionals, offering a comprehensive range of brokerage, finance, and property management services to our clients.

NAI Capital Commercial Brokerage specializes in tailored solutions aligned with your business strategy, from traditional leasing, buying, and selling to complex transactions. With one of the largest global footprints, we integrate expertise across multiple areas to address every aspect of commercial real estate, serving a diverse range of industries and specialties. Our client relationships are built on a deep understanding of their needs, collaboration, and a companywide commitment to service excellence.

At NAI Capital Commercial, we provide our clients investment fund opportunities designed to strategically acquire and manage commercial real estate investments in partnership with experienced real estate brokers. These funds serve as pooled capital vehicles, enabling investors to participate in large-scale real estate opportunities that might be out of reach individually.

Designed to focus on income-generating or value-add properties, our funds offer a structured approach to investment, combining the benefits of professional management, diversification, and scalability. Whether targeting office, retail, industrial, or multifamily properties, this model allows participants to access broader markets and sophisticated strategies while minimizing direct operational burdens. With NAI Capital Commercial’s expertise, investors can confidently navigate the complexities of commercial real estate while aligning their investments with broader financial goals.

NAI Capital Commercial Cal DRE Lic #02130474.
To learn more, visit www.naicapital.com.

 

About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located throughout North America,
Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naicapital.com.