INDUSTRIAL BUILDING SELLS FOR $6.8 MILLION

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CHATSWORTH, CALIF. — Tim Foutz of NAI Capital’s Encino, Calif., office represented Parker Industrial Properties in the disposition of a 50,620-square-foot industrial building, which is located at 20630 Nordhoff St. in Chatsworth. 20630 Nordhoff LLC purchased the property for $6.8 million. The buyer plans to occupy the research and development building. Jesse Laikin of Lee & Associates represented the buyer in the transaction.

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