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Home Commercial Newly Built 64,000 SQFT Simi Valley Warehouse Lists for $19MM Below Cost as Default Notice Clouds 2680 Westhills Court
CommercialFinanceIndustrialIndustry NewsLos Angeles

Newly Built 64,000 SQFT Simi Valley Warehouse Lists for $19MM Below Cost as Default Notice Clouds 2680 Westhills Court

June 12, 20263 Mins read1k
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Courtesy of Ryan Parker on Unsplash
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A four-year-old, never-occupied industrial building on the 118 Freeway has come to market at $19 million, less than its owner paid in 2022 and roughly 13 percent under its appraised value, even as county records show the property carrying a notice of default. The free-standing warehouse at 2680 Westhills Court in Simi Valley, totaling 63,640 […]

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