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9/23/19
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Neutraderm Inc signed a lease for 60k sf in the western San Fernando Valley community of Chatsworth. The firm is a leading manufacturer of medical-grade skin care products.
The property is located at at 20680 Nordhoff St, between De Soto and Mason Aves. The facility will undergo a complete renovation to implement much needed upgrades and accommodate Neutraderm’s requirements.
Neutraderm manufactures a wide range of therapeutic products to treat conditions such as aging skin, hyperpigmentation, acne and psoriasis for medical practitioners under its own and private label brands. The privately-held company has owned a neighboring building at 20660 Nordhoff since 2008, and as the business has grown, added two additional Chatsworth locations. Neutraderm will be consolidating one of those locations, a 17.5k sf space, into the new facility.
Scott Caswell Erica Balin with Lee & Associates-LA North/Ventura represented Neutraderm in the transaction. Bennett Robinson with CBRE represented the landlord, Nordhoff XC LLC.
Additional terms of the transaction were not disclosed.
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