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VALENCIA, CA-Home decorative accessories firm Zodax has acquired a 71,000-sf distribution and manufacturing facility from Valencia Commerce Center for $9 million, according to Delphi Business Properties Inc. David Hoffberg, senior vice president of Van Nuys-based Delphi, reports that the firm is consolidating activities formerly conducted in San Fernando and Panorama City into the new facility at 29003 N. Avenue Sherman in Valencia Commerce Center.

Hoffberg and Jerry Scullin, chief operating officer of Delphi, represented Zodax. The seller was represented by Craig Peters and Doug Sonderegger of CB Richard Ellis.

According to Philip Cohanim, president of Zodax, the company needed expansion space that would enable it to combine operations from two facilities under a single roof. "It was difficult finding such a facility in the San Fernando Valley that was suitable so we had to move further out," Cohanim says.

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