CHATSWORTH, CA – October 1, 2024 – The Industrial Brokerage Team of Chad Gahr, SIOR and David Young, Executive Vice Presidents with NAI Capital’s Encino office represented both the Seller and the Buyer (a private investor) in the purchase of a 61,090 square foot multi-tenant industrial buildings located at 9701 – 9741 Canoga Avenue and 21592 – 21610 Marilla Street, Chatsworth, CA. The value of the transaction was $14,000,000.

Built in 1979, this high-quality multi-tenant industrial complex consists of two (2) industrial buildings totaling 61,090 square feet which are situated on a 2.78-acre site zoned LAMR2-1. This project is divisible to 15 units, each providing up to 17’ ceiling clearance, (15) 12’ x 12’ ground level loading doors, high quality office space, restrooms, and a 2 / 1,000 parking ratio.

The project is 70% leased to an engineering company who for the past 40 years has occupied the building for R&D, manufacturing, assembly, distribution and corporate office purposes.

For more information, please contact Chad Gahr and David Young with NAI Capital at (818) 905-2400.

 

About NAI Capital
NAI Capital Commercial Real Estate is a leading Southern California commercial real estate firm headquartered in Encino, California. With 15 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California member of NAI Global, a premier real estate service network in 55 countries with 375 local offices and 6,700 local market leaders spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services.

To learn more, visit www.naicapital.com NAI Capital Commercial Brokerage BRE #02130474.