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GARDENA, CA-Buyers here and in Van Nuys have acquired industrial buildings for $4.2 million and $1 million respectively, according to brokers from NAI Capital Commercial and Grubb & Ellis.

In the Gardena transaction, HP Gardena Investors LLC, represented by Kathleen Howard and Jill Howard of NAI Capital Commercial, sold a two building industrial complex totaling 70,295 sf at 245-261 E. 157th St. Gardena to LIA Associates LLC.

One building is at 245 E. 157th St. and is a 40,822-sf single-story, seven-unit multi-tenant concrete tilt-up building. The other is a 21,473-sf single-tenant building. Both buildings have heavy power, high clearance, above average parking and secured, gated yards. The buyer purchased the two building industrial complex as a fully leased investment and plans to use a portion of the project for future expansion of its importing and exporting business, which is now in the City of Vernon. The buyer was represented by Jeffrey Rinkov and Peter Bacci of Lee & Associates.

In the Van Nuys transaction, TBSW Properties LLC, a property services company, purchased a freestanding, 12,000-sf industrial building to house its corporate headquarters. TBSW Properties has already occupied the single-story, concrete tilt-up facility, which is at 7750 Burnett Ave. The company relocated from leased space in Van Nuys. The property was sold by the Resnick Revocable Trust.

Dan Sanchez, Jim Linn and Nigel Stout of the Grubb & Ellis North Los Angeles office represented the seller, with the buyer represented by Bill Pentz of GVA Daum.

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