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Monday, Aug 15, 2022
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Camarillo Warehouse Fetches $20 Million

Industrial real estate investment firm Westcore has expanded its property portfolio with the $20 million acquisition of a warehouse in Camarillo.The acquired property, located at 201 Flynn Road, spans 117,342 square feet and has a tenant leased for eight years. A 231-foot backyard, full drive-around capabilities and two separated ingress and egress points were among the features that made the warehouse attractive to Westcore, according to a company statement.Darra Longo, Barbara Perrier and Eric Cox of CBRE National Partners represented seller Decker-Goetsch Properties. Buyer Westcore represented itself in the transaction.“The functional, low-coverage nature of this property, along with a solid income stream, provides tremendous versatility for future re-tenanting or possible redevelopment, Mike Metzger, director of acquisitions at Westcore, said in a statement.Westcore is based in San Diego.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.
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