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February 19, 2020
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California Lasers Buys 22k sf Simi Valley Facility


California Lasers has purchased a 21.7k sf industrial property located at 2255 Agate Ct, south of the 118 Fwy and west of 1st St in Simi Valley. The transaction is valued at approximately $2.1 mil, or about $98/sf.

The building, which was constructed in 1985, enables California Lasers to increase its footprint significantly. It features 22-foot minimum clearance, 1000 amps of power, HVAC throughout the building and a fenced yard area.

John DeGrinis, SIOR, senior executive vice president, Patrick DuRoss, associate vice president, and Jeff Abraham, senior associate all based in Colliers Internationalís Encino office represented California Lasers Inc, which provides sub-contract laser welding, cutting, drilling, electron beam welding and leak testing services to the rapidly growing medical, aerospace and semiconductor industries. Grant Harris, John Ochoa and Grant Fulkerson of Lee & Associates represented the seller.

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