This Week’s LA Deal Sheet
Daum Commercial Real Estate Services completed lease renewals of two single-tenant commercial properties in Camarillo. The two buildings were leased for $7.1M, according to Daum Commercial Vice President Stuart Scott.
The first lease renewal, a 48K SF office and research and development building, was with Interconnect Systems International, which uses the space for its headquarters as well as design and manufacturing. The tenant renewed its lease for a 10-year term. The second renewal was at a nearly 26K SF industrial building used by tenant Burloak Technologies for manufacturing commercial parts. Burloak extended its lease for five more years.