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Sunday, May 28, 2023

Moorpark Warehouse Sells for $6.13 Million

VZD Industrial Investments LLC has purchased a warehouse at 14399 Princeton Ave. in Moorpark for $6.13 million, according to CoStar Group. The 45,945-square-foot warehouse sold for $133 per square foot. VZD, headed by Woodland Hills-based Martin Kavinoky, bought the 1987-built warehouse from MCA Realty Inc. The industrial property currently has one tenant: Turbonetics Inc., an original equipment manufacturer of turbochargers, heat exchangers and pressure control components for motorsport, industrial and military sectors.

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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