The Signal

Valencia Office/flex building sells for nearly $1.4 million

- —Signal Staff

Spectrum Commercial Real Estate Inc. announced recently the sale of an approximat­ely 4,828-squarefoot office/flex condo in Valencia for nearly $1.4 million.

Yair Haimoff, commercial real estate advisor and Spectrum CRE founder, and Andrew Ghassemi of Spectrum Commercial Real Estate Inc., represente­d the seller, according to a news release from Spectrum.

The sale was reportedly an all-cash, quick-close owner-user deal and sold for $1,395,292.

The office/flex condominiu­m, located at 28318 Constellat­ion Road, is situated within Discovery Gateway Spectrum I.

The property is a high-image, state-of-the-art facility, and it features a well-designed office layout with floor-to-ceiling windows and panoramic views of the Santa Clarita Valley, said the Spectrum news release.

The property is near the corner of Constellat­ion Road and Alta Vista Avenue and is within minutes from Valencia Town Center amenities, restaurant­s, fitness centers, day care centers, golf courses, the Hyatt Regency Valencia hotel and conference center, and the new Newhall Ranch Developmen­t, with easy access to local freeways, per the release.

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