Monday, July 30, 2012

Colliers International Completes $2.2 Million Sale of 21,700-SF Industrial Building in Simi Valley, CA



Simi Valley, CA – Colliers International, the third largest global real estate services organization, has completed the sale of a 21,700-square-foot industrial property located at 2255 Agate Court (top left photo)in Simi Valley.  The transaction is valued at approximately $2.1 million.


John DeGrinis (middle right photo), SIOR, senior executive vice president, Patrick DuRoss (lower left photo), associate vice president, and Jeff Abraham, senior associate all based in Colliers International’s Encino office represented the buyer, California Lasers, Inc.  Grant Harris, John Ochoa and Grant Fulkerson of Lee & Associates represented the seller.

California Lasers provides sub-contract laser welding, cutting, drilling, electron beam welding and leak testing services to the rapidly growing medical, aerospace and semiconductor industries. 

“California Laser is increasing its footprint significantly,” DuRoss explained. “ We are pleased to see a manufacturer doing so well and growing within the same region they’ve flourished in for many years.”

The building was constructed in 1985.  The property offers building features including 22-foot minimum clearance, 1000 amps of power, HVAC throughout the building and a fenced yard area.   

Contact:

Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224

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