Entertainment Co. Buys Industrial Facility

PACOIMA, CA—Mole Richardson Co., an entertainment equipment supplier, has purchased a 108,000-square-foot industrial facility from Cohen Asset Management Inc. for an undisclosed amount. The buyer is relocating to the area from Hollywood, CA.

Located at 12154 Montague Street in Pacoima, CA, a city in the San Fernando Valley, the facility features 24-foot warehouse clear height, 12 dock-high loading positions and a large trucking court, making it one of the largest buildings in the market. It is located within a larger, 215,874-square-foot property, which recently had a new roof installed. The property is located near the major Southern California freeways, including the 5, 118, 210, 170 and 405.