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Thursday, Aug 18, 2022
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Camarillo Industrial Portfolio Sells for $24.5 Million

Daum Commercial Real Estate Services has sold a $24.5 million portfolio of six industrial buildings, according to the Camarillo Acorn. Timothy Foutz of NAI Capital’s Encino office represented the buyer, a family trust, in the transaction. Mitch Conlee, executive vice president at Daum’s Ventura County office, closed the sale on behalf of Ventura-based seller Marcus Adams Properties. The individual properties consist of a 37,204-square foot edifice at 4098 Calle Tesoro in the Flynn Road Industrial Park; the 81,172-square-foot building at 1250, 1260, and 1270 Avenida Acaso, also in the Flynn Road Industrial Park; and the 31,391-square-foot structure at 1199 and 1221 Avenida Acaso. The half-dozen structures total 51 units and span almost 150,000 square feet in multi-tenant space. The Avenida Acaso sites were erected in the mid-1980s. The Calle Tesoro structure was built in 1995. The industrial complex’s nearly 30 tenants include Souza Insurance, J.C. Manufacturing & Marketing, United Fabrication, American Motion Systems, All-City Computers, Horizon Baptist Church and Cloud Publishing.

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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