Orion Business Park, LLC Acquires Industrial Property In Van Nuys For $17M

The industrial property at 8101-8117 Orion Avenue in Van Nuys has been sold for $17,000,000. The property covers a total area of 48,394 square feet, resulting in a price per square foot of $351. The transaction took place on 03/28/2023.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $17,000,000
• Address: 8101-8117 Orion Avenue, Van Nuys
• Market: Van Nuys

The buyer of the property is Orion Business Park, LLC, while the seller is Rexford Industrial Realty, LP. The deal was facilitated by Erica Balin and Scott Caswell from Lee & Associates.