Easton Sports Completes Sale Leaseback
VNSH LLC purchased the Easton Bldg at 7855 Haskell Ave. in Van Nuys, CA for $12.35 million, or about $156 per square foot, from Easton Properties II LLC.
Built in 1986 as a build-to-suit for Easton Sports, the office building totals 79,292 square feet on 2.3 acres in Los Angeles County. Easton Sports, a manufacturer of sporting equipment, helmets and clothing under the brand names Easton Bell, Riddell and Giro Helmets, signed a lease back deal for the property through 2016.
Lynwood Fields of Madison Partners, along with Gary Weiss and Jennifer Frisk at LA Realty Partners, represented the seller.
Thomas Kim of GTR Consulting Group, Inc. represented the buyer. Please reference CoStar COMPS #2893207 for more information on this transaction.