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

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.