Neutraderm Acquires Industrial Building At 20680 Nordhoff Street In Chatsworth For $21M

Neutraderm has acquired an industrial building located at 20680 Nordhoff Street in Chatsworth, Los Angeles, for a total of $21 million. This property acquisition will contribute to a larger project, combining with two nearby properties to develop a flagship headquarters encompassing 115,000 square feet in Southern California.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,000,000
• Buyer: Neutraderm
• Seller: Nordhoff XC LLC
• Address: 20680 Nordhoff Street
• Market: Chatsworth
• Brokers: Erica Balin & Scott Caswell - Lee & Associates

Erica Balin and Scott Caswell represented the brokers in this transaction, facilitating the deal between Neutraderm and Nordhoff XC LLC, marking a significant move for Neutraderm in their expansion within the industrial sector of the market.