DAUM REPRESENTS SELLER IN THE DISPOSITION OF A $5.37 MILLION INDUSTRIAL/FLEX BUILDING IN VAN NUYS, CA

Apr 15, 2016

DAUM REPRESENTS SELLER IN THE DISPOSITION OF A $5.37 MILLION INDUSTRIAL/FLEX BUILDING IN VAN NUYS, CA

DAUM Commercial Real Estate Services announced today that it represented the seller in the disposition of a 29,032 square foot industrial/flex building in Van Nuys, CA. The property is located at 6901-6911 Hayvenhurst Avenue and sits on approximately 1.1-acres of land. The multi-tenant building offers approximately 12,700 sq. ft. of office space, 14’ clearance, and four (4) grade level loading doors. The total consideration of the sale was $5,370,920 ($185.00 PSF).

Chris Sullivan and Daniel Frees of DAUM’s San Fernando Valley office represented the seller, Alon Peled and Nick Hadim represented the buyer, Pink Dolphin Clothing in the transaction.

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company. DAUM has 10 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.