Just Listed – For Lease: 15813 Stagg Street, Van Nuys, 91406

Excellent Van Nuys 5,000 square foot manufacturing or distribution building. Part of the larger Mission Industrial Park, this facility is located in a prime central valley location with easy access to the 405 freeway. Street frontage visibility and a shared fenced yard make this freestanding building a must-see on the tour list. Lastly, with 400 Amps of 120/240v three phase power, nearly any manufacturer can operate with ease.

Don’t wait, call today for a tour before it’s gone!

LEASED – 9667 Owensmouth Ave., Suite 100, Chatsworth

Ryan McKenzie located and secured 25,400 square feet of this building for international technology and electronics distributor IT Asset Partners. The property included a gated yard, high clearance, and loading docks which fit perfectly for the expanding firms goals. Additionally, $.15 per square foot was saved on the lease rate as compared to the local Chatsworth market. The new facility marks another win for the firm who already occupies for than 40,000 square feet in the west valley.

Call for details.

LEASED – 15748 Arminta Street, Van Nuys

Ryan McKenzie and Steve McKenzie represented the Lessor in this 5,040 square foot transaction and secured a lease with west-side transplant Rug Ideas represented by an outside broker. The facility will become the new home for the “3rd Generation Full Service Rug Company.” The five year transaction will add a favorable tenant to the 162,000 square foot business park’s tenant mix.

Call for details.

SUBLEASED – 2212 Kenmere Avenue, Burbank

Ryan McKenzie and Chris McKenzie were able to take advantage of low sublease rates and fulfill a short term immediate need for local entertainment consignment company Techno Empire. Combining two warehouses into one and saving a tremendous square foot cost in the Burbank marketplace was the goal. Ultimately, 25,644 square feet was subleased until the end of the term.

Call for details.

LEASED – 13938 Fox Street, San Fernando

13938 Fox st

Ryan McKenzie and Chris McKenzie were able to secure a lease with the fast growing company New Image Custom Screen Printing. “New Image’s” goal was to obtain a larger industrial facility for long term expansion purposes. They were able to increase size from 6,000 sq.ft. into this 12,000 square foot facility on the edge of San Fernando and Pacoima with a ten year lease.

Call for details.

LEASED – 4140 Vanowen Place, Burbank

4140 Vanowen Place

Ryan McKenzie and Chris McKenzie were able to secure a lease with the prominent lighting entertainment firm Volt Lites for this 15,000 square foot facility in Burbank. Many of Burbank’s creative industrial companies have decided to relocate into this “Creative Flex” type of building. Utilizing new offices, new lighting, fresh exterior upgrades, polished concrete interiors and more – our tenant was able to secure a long term lease in the premier Backlot Burbank Business Park.

Call for details.

Industrial Market Recap – 3rd Quarter

From Xceligent report: See full article HERE

Market Overview
With a slight uptick in vacancy totaling 1.5% for warehouse distribution, landlords continue to reap the benefit. However, while sale prices are still high, Sales Volume has had a significant decrease over last year’s 3Q. Are prices going to drop? Demand continues to remain high, however pricing may have outpaced consumers.

See Xceligent report HERE

“Avion” Project – Burbank

From Burbankca.gov – See Below

The proposed “Avion” project would construct a business park on approximately 60 acres of vacant land adjacent to the Burbank Bob Hope Airport consisting of the following components:

  • Six buildings two stories high for industrial/warehouse uses totaling 1,014,887square feet;
  • Nine buildings two stories high for creative office uses totaling 142,250 square feet;
  • Two buildings one story high for retail/restaurant uses totaling approximately 15,154 square feet;
  • One hotel with 166 rooms;
  • Complete site improvements related to the project including utilities, drainage, paving, landscape, lighting, etc.
  • Extend, improve, and dedicate Tulare Avenue west of Hollywood Way;
  • Extend, improve, and dedicate Kenwood Street south to the future Tulare Avenue.

The project site is located at 3001 N. Hollywood Way, and is surrounded by industrial/storage uses (to the north and east), the Burbank Bob Hope Airport (to the west and south), and vacant parcels. North Hollywood Way abuts the easterly boundary of the project site, and North San Fernando Road is to the north, and Winona Avenue is to the south. The current zoning designations are “General Industrial (M-2)” and “Airport (AP)” and are proposed to change to “Planned Development (PD)” zoning. The project site has two General Plan land use designations, “Golden State Commercial/Industrial” and “Airport” and the entire project site is proposed to be Golden State Commercial/Industrial.

SEE FULL PAGE INFORMATION: HERE