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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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