Industrial Park Associates

SOLD - Mike Wax of Industrial Park Associates represented both the Buyer and the Seller in the sale of a 5,568 Sq. Ft. industrial condo. Located in Newbury Park the condo unit was built-out with almost 70% office improvements and it included a loading door. The Buyer, who paid all cash, was a private investor.

LEASED - IPA recently advised a client to demise a 12,577 Sq. Ft. building into two units. The building had been sitting vacant for 6 months. Only 2 months after completing the necessary improvements to create a 2^nd unit IPA successfully Leased out both units.

LEASED - IPA represented the landlord in the successful 3 year lease transaction of a 79,852 Sq. Ft. industrial space at 1950 Williams Dr., Oxnard. This outstanding warehouse/distribution facility featured 10 dock high loading positions, 19’ clear height and refurbished offices.

SOLD - Industrial Park Associates represented the Buyer in the sale of 211-213 N. Olive St., Ventura. The WM J Matson Company of Carpinteria acquired the 12,700 sq. ft. industrial facility to expand their powder coating business. The property featured a fenced yard and 1,000 amps of 277/480 volt power.

LEASED - Industrial Park Associates represented the tenant, MV Transit Co., in its leasing of a 10,300 sq. ft. industrial building in the Maulhardt Industrial Center of Oxnard. MV Transit will be contracting to provide para-transit services for residents of the City Oxnard.

SOLD - IPA is pleased to report the successful sale of 5901 Edison Dr., Oxnard for $5.75 million to the Oxnard Harbor District. The 50,000 sq. ft. of industrial buildings situated on 5 acres will be used for "port related" activities.

LEASED - IPA represented the Landlord in the 5 year lease of a 24,234 sq. ft. industrial building located at 340 Parkside Drive. The new tenant, Legacy Effects, LLC, develops animatronic characters for movies and television. Iron Man, The Terminator and Jurassic Park are all movies that have featured their work.

SUBLEASED - 19,510 Sq. Ft. of industrial space located at 1910 Eastman Avenue, Oxnard has been subleased. IPA represented the Sublessor in the transaction.

LEASED - IPA has successfully Leased the 51,608 Sq. Ft. industrial building located at 720 Jessie Street. The new tenant manufactures bed liners for pick-up trucks.

SOLD - Industrial Park Associates has completed a sale transaction on behalf of the buyer for a 9,715 sq. ft. industrial building in Oxnard. Pacific Sun Products of Ventura acquired the industrial facility for processing/distribution of fresh sea urchin caught off the Santa Barbara coast.