Walton Street Capital Buys San Fernando Valley Facility
The 183,000-SF manufacturing facility previously served as Catalina Yachts’ headquarters.
WOODLAND HILLS, CA – An affiliate of private equity real estate investment firm Walton Street Capital LLC has acquired an 183,000-square-foot manufacturing facility in Woodland Hills, CA.
Located at 21200 Victory Blvd., the acquired property served as the former headquarters for Catalina Yachts.
The manufacturing facility comprises two structures, featuring low coverage, ample vehicular access and 31.5-foot clear height ceilings.
The infill property is situated within the Warner Center masterplan in the West San Fernando Valley. The facility offers access to CA-27 and US-101.
Walton Street Capital plans to improve the property’s main existing structure, which was built in the 1960’s, to create a class A industrial building for multiple users and uses.
Walton Street senior principal Andrew Gindy states, “We are pleased to have completed the acquisition of the Catalina Yachts facility in Woodland Hills, CA. This property represented a unique and rare opportunity to acquire such a well-located facility with nearly 10 acres of underutilized land right off the 101 freeway.”
Gindy adds, “We are strong believers in the Warner Center area and surrounding specific plan given the recent proliferation of housing, retail, lodging and commercial uses. We are excited about our plans to restore this asset into a truly class A facility servicing the immediate area and neighborhood.”