LOS ANGELES—IMT Capital LLC, a private equity firm along with its affiliate IMT Residential, a leading nationwide apartment operator with multi-family properties that extend throughout California, Arizona, Texas and Florida, has acquired the Sunkist building in Sherman Oaks, CA.

Constructed in 1971 and located at 14130 Riverside Drive, this landmark structure has distinctly served as Sunkist Growers, Inc. headquarters for over 41 years. Founded in 1893, Sunkist is a cooperative of family growers and is one of the world's oldest and largest citrus marketing cooperatives.

The Sunkist property is situated on 8.5 acres adjacent to the 101 Ventura Freeway and Westfield Fashion Square Mall in the Sherman Oaks neighborhood of Los Angeles.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.