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Northridge Lumber Warehouse Sells for $4.5 Million

A Northridge industrial building has sold for $4.5 million.

The deal on the 1963-built, 25,440-square-foot home of Far West Lumber, located at 18450 Parthenia Place, was finalized Jan. 23. Far West will continue to lease the property.

According to a statement by Van Nuys-based brokerage Delphi Business Properties, the company’s Senior Vice President David Hoffberg represented buyer Topanga Northridge LLC. Encino-based Beitler Commercial Realty Services’ industrial team Ron Kassan, Dustin Tondreau, Garrett Houghton and Arthur Minassian acted as the listing agents on behalf of seller Johnson Family Limited Partnership.

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The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property.