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Century Park Partners Acquires Property At 19851 Nordhoff St Northridge For $10.5M With Newmark Reps

Property Image
SOLD
$10,500,000
Ken White
Ryan Plummer
+ 1

California

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Industrial22,237 SF
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Property Image
SOLD

Century Park Partners Acquires Property At 19851 Nordhoff St Northridge For $10.5M With Newmark Reps

19851 Nordhoff St, Northridge, CA, 91...

See Similar Deals
Industrial22,237 SF
Ken White
Ryan Plummer
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$472
Total Square Footage:22,237 SF
Transaction Type:Sale

The industrial property sold is located at 19851 Nordhoff St, Northridge, CA. The transaction was completed for a price of $10,500,000.00, encompassing a total area of 22,237 square feet. The property features 18-foot clear heights, five grade-level doors, and a secure, fenced yard. It was constructed in 2007 by Overton Moore Properties and is currently occupied by the U.S. General Services Administration under a long-term lease.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,500,000.00
  • Address: 19851 Nordhoff St, Northridge, CA
  • Market: Northridge
  • Square Footage: 22,237
  • Seller's Representatives: Ken White (Newmark), Kevin Shannon (Newmark)
  • Buyer: Century Park Partners

Newmark Knight Frank brokered the sale, with Sean Fulp, Ryan Plummer, and Mark Schuessler from NKF’s Private Capital group, alongside Ken White and Kevin Shannon of NKF’s Capital Markets, representing the seller in this transaction. The buyer acted as their own representative during the deal.

Players

Ken White
96 deals$6.1B volume
BROKER

Ryan Plummer
Newmark
46 deals$1.1B volume(310) 407-6570
BROKER

Kevin Shannon
Newmark
136 deals$9.1B volume
BROKER

Sean Fulp
Colliers
55 deals$1.9B volume
BROKER

BUYER

Details

SOLD
IMAGE: 19851 Nordhoff St, Northridge, CA, 91... MARKET: Northridge SELLER'S REP: Ken White(Newmark), Kevin Shannon(Newmark) BUYER: Century Park Partners SELLER: PRICE: $10,500,000.00 SF: 22237

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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