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June 15, 2024
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VENTURA COUNTY NEWS
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Majestic Asset Management Venture Purchases Simi Valley Ind Property

12/10/12

Majestic Asset Management Inc and JS/JS Properties Inc acquired Ward Industrial Park, a 138.7k sf industrial building in Simi Valley. Located at 2390 Ward Ave, the property was sold by M&M Investments and Real Estate LLC for $8.05 mil ($58/sf).

The state-of-the art building, which was constructed in 1989, was 100% leased with two high-quality tenants at closing. It features 28 clearance along with highly-appointed tenant improvements.

This is the fourth acquisition in the last 12 months for Majestic & JS/JS Properties. Majestic Asset Management is a full service property management company with properties throughout the Western United States. Scott Caswell of Delphi Business Properties repped the seller in the deal.





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