93,228-SQUARE-FOOT INDUSTRIAL PROPERTY TRADES HANDS
SANTA CLARITA, CALIF. — Side Yard LLC has purchased a 93,228-square-foot industrial warehouse/showroom building, which is located at 26455 Ruether Ave. in Santa Clarita, for $9.87 million. The property received a renovation in 2005 and was converted into a retail furniture showroom/warehouse from an industrial manufacturing facility. The buyer plans to lease the property back to an undisclosed company. Chris Jackson and Todd Lorber of NAI Capital’s Santa Clarita office represented the buyer; Gary Cohen of Cohen Commercial Real Estate Group Inc. represented the seller, a private family trust, in the transaction.