{"id":1004265134,"date":"2018-09-14T07:08:30","date_gmt":"2018-09-14T15:08:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004265134"},"modified":"2022-12-08T21:09:18","modified_gmt":"2022-12-09T05:09:18","slug":"westcore-properties-adds-la-area-facility-to-holdings","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/","title":{"rendered":"Westcore Properties Adds LA-Area Facility to Holdings"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004265143\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004265143\" data-attachment-id=\"1004265143\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/6100-condor\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"6100 Condor Drive\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;6100 Condor Drive&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg?w=800\" class=\"wp-image-1004265143 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004265143\" class=\"wp-caption-text\">6100 Condor Drive<\/p><\/div>\n<p>Westcore Properties has acquired a 114,556-square-foot industrial facility in Moorpark, Calif., for $13.8 million. NKF Capital Markets Team Shannon Private Capital Group worked on behalf of the seller, Marcus Adams Properties, and the buyer was self-represented. The facility is fully leased to Test Equity and Shred-It.<\/p>\n<p>At 6100 Condor Drive, the facility is strategically located alongside Freeway 118 in the Simi Valley industrial submarket, which comprises a total of 12.4 million square feet of industrial assets. Additionally, the building is situated approximately 45 miles from downtown Los Angeles and roughly 48 miles from Los Angeles International Airport. The facility was built in 1984, renovated in 1995 and occupies 7.5 acres,&nbsp; 2.5 acres of which are available for improvement.<\/p>\n<p><em>&#8220;(The property) provides the new ownership with a steady rental income stream with full occupancy, while the adjacent vacant land provides the potential either to develop an additional industrial facility or expand the existing building,&#8221;<\/em> said Bret Hardy, executive managing director at NKF Capital Markets, in prepared remarks.<\/p>\n<p>The NKF Capital Markets team included Executive Managing Directors Hardy and Sean Fulp and Managing Directors Ryan Plummer and Brad Burton. Earlier this year, the brokerage team arranged the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/penwood-acquires-industrial-asset-for-44m\/\">347,119-square-foot R&amp;D\/industrial facility in Thousand Oaks<\/a>, Calif.&nbsp;<\/p>\n<p><em>Image courtesy of NKF Capital Markets<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fully leased industrial facility is located in Moorpark, Calif. NKF Capital Markets worked on behalf of the seller, whereas the buyer was self-represented. <\/p>\n","protected":false},"author":871,"featured_media":1004265143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21748,21783,1594,21742,21807,15],"tags":[37283,38164,36007,42038,39124],"class_list":["post-1004265134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-industrial","category-investment","category-los-angeles","category-latest","category-prominence","category-west","tag-brad-burton","tag-bret-hardy","tag-newmark-knight-frank","tag-ryan-plummer","tag-sean-fulp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Westcore Properties Adds LA-Area Facility to Holdings - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westcore Properties Adds LA-Area Facility to Holdings\" \/>\n<meta property=\"og:description\" content=\"The fully leased industrial facility is located in Moorpark, Calif. NKF Capital Markets worked on behalf of the seller, whereas the buyer was self-represented.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-14T15:08:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:09:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/\",\"name\":\"Westcore Properties Adds LA-Area Facility to Holdings - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\",\"datePublished\":\"2018-09-14T15:08:30+00:00\",\"dateModified\":\"2022-12-09T05:09:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/6100-Condor.jpg\",\"width\":800,\"height\":620,\"caption\":\"6100 Condor Drive\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/westcore-properties-adds-la-area-facility-to-holdings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Westcore Properties Adds LA-Area Facility to Holdings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. 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