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| Brock Burnett |
CHATSWORTH, CA --
Colliers International, the third
largest global real estate services organization, recently represented
Panavision Federal Systems on a 3-year lease. The 22,775 square foot
office/industrial building is located at 9340 De Soto Street in
Chatsworth, Calif.
Brock Burnett, Jeff Gould and Jeff Albee of
Colliers International represented the tenant, Panavision Federal Systems,
previously based out of Woodland Hills. The landlord, Northeast Valley
Industrial Parks, was represented by Scott Caswell of Delphi Business
Properties.
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| Jeff Gould |
Panavision Federal Systems enlisted the Colliers team to
identify and secure an office/industrial facility in the San Fernando Valley.
Before approaching Colliers, Panavision had been searching
for a space to lease for over 15 months.
Colliers International quickly understood Panavision’s needs
in terms of size, layout, location and security, and efficiently solidified the
space. Panavision Federal Systems will
be moving and expanding their business in their new location in Chatsworth this
week.
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| Jeff Albee |
According to Brock Burnett, “This lease represents a success
story for Valley office/industrial space.
" Panavision has been a mainstay in the Northwest part of the Valley for
many years now, and their continued expansion and presence is a very positive
sign that tenant retention and vacancy reduction is prevalent in the
Valley. Moreover, there continues to be
value opportunities for companies searching for space in this marketplace.”
Built
in 1987 and situated on .52 acres, the 2-story property is a high cube
office/warehouse building. The building
is elevator served with turn-key office space and abundant parking.
For a complete copy of the company’s news release, please
contact:
Rainee Tiske
Marketing Specialist | PR GLA | Torrance, CA
Dir +1 310 381 2413
Main +1 310 381 1000
Jeff Gould
(818) 325-4108 or
.
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