Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OXNARD, CA-An industrial complex has been acquired by a real estate investment trust in a deal valued at $5.3 million.

Known as Central Industrial Park, the property stands on an eight-acre parcel in the City of Oxnard. Encompassing 140,418 sf, the complex consists of seven buildings that are centrally located at 520-580 E. Third St. The industrial park is occupied by tenants that include Cosmetic Specialties, Workrite Uniform and Superior Technical Institute.

Mike Tharp and Steve Doll of NAI Capital Commercial acted on behalf of the seller, Royalty Mortgage Fund of Los Angeles. The buyer, Marcus/Adams Industrial Investments of Ventura, was also represented by Tharp and Doll.

Marcus/Adams Industrial Investments is a REIT that invests, owns and operates industrial properties in Ventura and Los Angeles Counties. The company’s partners, Craig Marcus and David Adams, have an aggregate of 47 years of experience in industrial real estate.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.