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SIMI VALLEY, CA-Kingsbridge International, Inc., a wholesalerand importer of giftwares and housewares, has acquired a 208,493square-foot, two-building industrial asset at 2900-2950 Madera Rdin Simi Valley from Bank of America for $11.42 million.

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The property encompasses a 72,810 square-foot office tower and a135,683 square-foot distribution facility. As part of theacquisition, Kingsbridge has leased the office tower back to Bankof America for two years. The Wholesaler will use the distributionfacility for its operations. For the full story, go toSan Fernando Valley BusinessJournal.


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