Gary Werner Acquires Industrial Property In Valencia From Mark Xitco For $3.63M

The property asset involved in this transaction is an industrial facility located at 25590 West Avenue Stanford in Valencia. The sale price for the property was $3,631,750, with a total square footage of 12,022 and a price per square foot of $302.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,631,750
• Address: 25590 West Avenue Stanford
• Market: Valencia
• Square Footage: 12,022
• Price per Square Foot: $302
• Buyer: Gary Werner
• Seller: Mark Xitco
• Broker: Sam Glendon & Mike Zugsmith - CBRE

This deal involved broker representatives Sam Glendon and Mike Zugsmith from CBRE, who facilitated the transaction between buyer Gary Werner and seller Mark Xitco, ensuring a successful exchange of the industrial asset.