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CHATSWORTH, CA-Buyers have acquired industrial parks here and in Sylmar for $6.5 million and $1.5 million respectively, according to Grubb & Ellis.

In the Chatsworth deal, a Newport Beach-based private investor called 12300 Kodash LLC has purchased the 85,080-sf Sunnyglen Industrial Park from JLT Industrial Partners LLC of Redondo Beach for $6.5 million as a leased investment. Sunnyglen is located at 21800-21820 Nordoff St., 21700-21730 Nordoff St., and 9025-9041 Owensmouth St. It consists of three, single-story, concrete tilt-up buildings that were 100 leased at the time of the sale, according to Kevin Shannon of the Torrance office of Grubb & Ellis, who represented both the buyer and the seller.

In the Sylmar transaction, Graphic Arts Production acquired a freestanding, 12,500-sf industrial building to serve as the corporate headquarters of the graphic arts firm. Graphic Arts paid $1.1 million for the building, which was sold by the Wood Family Trust of Van Nuys. Chris Jackson and Todd Lorber of the North Los Angeles office of Grubb & Ellis represented the buyer, with the seller represented by Steve Stubblefield of Westcord Commercial Real Estate. Graphic Arts Production has already occupied the single-story, concrete tilt-up building, which is located at 12953 Foothill Blvd.

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