LATEST NEWS & PRESS RELEASES

Topaz Business Park in Simi Valley Bought for $46 Million

By Michael Aushenker / San Fernando Vlley Business Journal

December 08, 2021

2280 Ward Avenue - Rexford Industrial Realty has purchased Topaz Business Park, a six-unit industrial building in Simi Valley, for $46.4 million.

The 242,101-square-foor asset, located at 2280 Ward Ave., is the largest ever sold in the submarket, according to Lee & Associates L.A. North/Ventura's President Mike Tingus and principals Joe Jusko and Grant Fulkerson, who represented both Rexford Industrial and the seller, 2280 LLC, in the sale.

Woodland Hills Office Park Sells for $8 Million

A 48,000-square-foot office park in Woodland Hills has sold for $8.3 million. Lee & Associates‘ Scott Romick, Darren Casamassima, Jay Rubin and Scott Silverstein represented the buyer, My Properties Group LLC, headed by principal Sami Ullah. The seller was 22801 Ventura, LP / Jamison Services, which was also represented by Romick, Casamassima, Rubin and Silverstein.

Harbor Associates sale

Harbor Associates — in a joint venture with Platform Ventures — has acquired a 118,906-square-foot commercial office and research and development building in Agoura Hills for $19.3 million.