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CAMARILLO, CA-Advanced Imaging Inc. has acquired a 25,821-sf industrial facility here. TOLD Corp. sold the property. The transaction value for the deal is $1.95 million.

The acquisition makes for a 50% expansion within that community for the company. Advanced Imaging, developer of advanced GMR lapping systems for the hard disk head market. The builidng was erected in 1982 and situated on 1.3 acres of land at 829 Via Alondra, Camarillo.

Advanced Imaging, which is headquartered at 741 Flynn Rd., Camarillo, schedules an early June occupancy of its new facility. The price per square foot on the property measures out to approximately $75. Located in the Industrial Complex of Camarillo, the new facility for Advanced Imaging is a concrete tilt-up structure featuring 5000 sf of office space and ground level loading.

Stuart Scott of DAUM’s Camarillo-based Ventura County office represented the buyer, Advanced Imaging. CB Richard Ellis represented TOLD Corp. of Camarillo, the seller.

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