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Follow on Google News | Lee & Associates Transacts $2.7 Million Industrial Sale at Patriot Commerce Center in Moorpark, CALee & Associates transacted a $2.7 million industrial building sale, its third transaction at Patriot Commerce Center in Moorpark, CA in the past month.
By: Lee & Associates-LA North/Ventura The property, located in the Patriot Commerce Center, was sold to the owners of ProDoc, a legal service document company with more than 100 employees and six production offices throughout California. The company will be relocating its Simi Valley facility to the new building. Tom Siciliano with TDS Management, Inc. in Burbank, CA represented the buyer. Total consideration for the sale is $2,663,537.50. “This building, as well as the others available at Patriot Commerce Center, are ideal for small and mid-sized users like ProDoc,” said Linklater, a principal at Lee & Associates. “And they offer amenities unparalleled anywhere in Ventura County. The project boasts Class A construction with immediate access to the 23 freeway in a location within walking distance to just about every retail amenity.“ While most of the buildings at Patriot Commerce Center are fully built out, the two units acquired by ProDoc were in shell condition allowing the buyer to build out the facility to its specifications. “This was another important feature for the buyer because its business requires a unique build-out,” Fulkerson added. Lee & Associates, which is exclusively marketing Patriot Commerce Center, also just closed the sale of a 1,476-square- Patriot Commerce Center is a $105 million office, industrial and R&D business park in Moorpark with approximately 160,000 square feet of office and industrial/R& # # # About Lee & Associates - LA North/Ventura, Inc. Celebrating more than 30 years of leadership in the commercial real estate industry, Lee & Associates®, is the largest broker-owned commercial real estate provider in the nation with 42 offices in California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. Lee & Associates-LA North/Ventura, Inc., a member of the Lee & Associates group of companies, provides industrial, office, retail and multifamily/ End
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