NAI CAPITAL FACILITATES 81,646-SQUARE-FOOT INDUSTRIAL BUY IN VENTURA COUNTY

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SIMI VALLEY, CALIF. — NAI Capital has arranged the purchase of an 81,646-square-foot industrial property located at 61-69 W. Moreland Road in Simi Valley. Terms of the deal were not disclosed. NAI Capital’s David Young and Chad Gahr represented the buyer, Entertainment Earth Holdings LLC, in the transaction, and Scott Caswell of Delphi Business Properties represented the seller, RGH Holdings LP. The distributor of action figures and toy collectables will relocate from its two buildings, totaling approximately 30,000 square feet, in North Hollywood to the new building this summer. Prior to sitting vacant for 2 years, the industrial building, which includes approximately 15,000 square feet of office space, was occupied by Ronco, the company made popular by Ginsu Knives.

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