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September 20, 2019
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VENTURA COUNTY NEWS
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Grape Crusher Purchases 14k sf of Ind Space in Westlake Village

11/05/12

Aldabella Custom Crush Winery & Storage purchased two industrial units totaling 14.1k sf in Westlake Village for $2.21 mil ($157/sf). The units are located at 31111 Via Colinas, just west of Lindero Canyon Rd between Thousand Oaks Blvd and the 101 Fwy.

Aldabella, which has been operating out of a temporary facility in Newbury Park, chose the property because it is centrally located to its client base of grape growers and wine aficionados and to amenities such as the Four Seasons Hotel, and it offers convenient access to the Ventura (101) Freeway. The building’s garden-style setting will also provide the needed ambiance for the company’s special events.

“The acquisition will enable Aldabella to provide clients with wine storage as well as custom crushing, and to hold wine tastings and special events centrally located to its clientele,” said Gary Cohen, a Principal of Lee & Associates-LA North/Ventura, who represented the buyer in the transaction.

The high cost of building new wineries, the desire to try out new varietals before committing and the rise of the virtual brand has made custom crushing one of the hottest new segments of the wine industry, attracting a growing number of grape growers who contract with the custom crusher for limited quantity wine production, bottling and storage.

Tony Principe, Westcord Commercial Real Estate, represented the seller, Gyroscope Properties





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