The building stands at 28340 Avenue Crocker. It's inside themaster-planned Valencia Industrial Center.

The buyer is Avenue Crocker Investors LLC, an investment groupbased in Los Angeles. The property was sold by Earle Properties, aprivate real estate investment and development company that'sheadquartered in Agoura Hills.

Jim Linn, Nigel Stout and Chris Jackson of Grubb & Ellis'North Los Angeles office represented both parties in thetransaction.

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