River Plate Corporation Leases Industrial Space In Simi Valley For $15.6M | 2950 Madera Road | Scott Caswell, Erica Balin | Industrial | Lease

Summary

Lease

CALIFORNIA

Industrial

136,000 sqft

The industrial property located at 2950 Madera Road in Simi Valley, spanning 136,000 square feet, was leased in a deal involving landlord Howard Schwimmer of Rexford Industrial and tenant River Plate Corporation.

Summary of transation details:

Property Type: Industrial
Transaction Amount: $15.6 million
Address: 2950 Madera Road
Market: Simi Valley

Erica Balin and Scott Caswell of Lee & Associates played crucial roles in the transaction, representing River Plate Corporation in securing a direct lease for the warehousing and distribution center. Caswell highlighted Simi Valley's strategic advantages, while Balin emphasized their negotiation efforts that led to the successful deal.

Players

All
3

Agents
2
Agencies
1

Scott Caswell

Managing Director / Principal

$33.8M Sold

Erica Balin

Principal

$33.8M Sold

Lee & Associates

Details

Deal Summary

LEASED

IMAGE: 03/28/2024 ADDRESS: 2950 Madera Road MARKET: Simi Valley ASSET TYPE: Industrial ~ SF: 136,000 LANDLORD: Howard Schwimmer - Rexford Industrial TENANT: River Plate Corporation BROKERS: Erica Balin & Scott Caswell - Lee & Associates NOTE: Lee & Associates – LA North/Ventura Principals Scott Caswell and Erica Balin closed a $15.6 million lease deal for River Plate Corporation's warehousing and distribution center in Simi Valley, CA. Representing the tenant for the 136,000 SF facility owned by Rexford Industrial, Caswell emphasized Simi Valley's strategic advantages, while Balin highlighted their negotiation efforts to secure a direct lease and retain the location.

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Address2950 Madera Road

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