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December 15, 2018
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SOUTHERN CALIFORNIA NEWS
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Ventura Warehouse Property Acquired in $7.8 Mil Transaction

3/01/18

A 142.6k sf warehouse in Ventura sold for $7.8 mil, or around $55/sf. The property is located at 6205 Ventura Blvd, just east of Victoria Ave.

The property is a multi-tenant, four-building industrial warehouse distribution facility built in stages from 1951 to 1982. It is situated on 6.28 acres of land within the East Ventura industrial submarket and next to a Metrolink platform, with visibility from the street and the 101 Fwy.

Two of the buildings are refrigerated for cold storage. The complex has abundant parking for large trucks. At the time of the sale the building was 100% leased.

Fred Ferro with NAI Capital represented the seller, Meyerstein Trust. The buyer was Ventura Warehouse Partners LP.





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