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7/20/21
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Fresh Patch purchased a 14.2k sf industrial building in Oxnard for $2.675 mil, or $188/sf. Fresh Patch, a manufacturer and distributor of one-of-a-kind pet products, including dirt-free real grass patches, was looking to expand its facilities in order to increase their production and distribution capabilities.
The industrial warehouse property, located at 1741 Ives Ave, features 2.5k sf of office space, nearly 20-foot clear height, three ground-level doors, and an enclosed truck well with dock-high loading. The warehouse is ideally located near established corporate neighbors and in close proximity to area highways, providing easy access to Southern California’s ports and major population hubs.
Bram White and Mark Kotake with DAUM Commercial Real Estate Services represented the buyer in the transaction. Art Chavez of REMAX repped the seller. According to Kotake, the tight Oxnard/Port Hueneme submarket had a sub-2% direct vacancy rate, as of the first quarter 2021.
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