VENTURA, CA
-- Signaling what project officials say is the City of Ventura's (CA) commitment
to advancing small business growth while enhancing the environment, Appliance
Advantage, a recycle of used appliances, has leased 5040 sq. ft. of space in that
community, announces Westcord Commercial Real Estate Services.
Appliance Advantage
schedules a June 1 occupancy of facilities familiar as the former home of Taylor Rents
located at 4547-A Telephone Rd., Ventura. Goodyear Tire occupies the balance of the
10,000 sq. ft. structure. Appliance Advantage was formerly located at 2159 Palma
Dr., Ventura.
Patti Kutschko and Joe
Lopez of Van Nuys, CA-based Westcord represented both Ted Teetsel, owner of Appliance
Advantage, and The Stanley Works, the landlord. Term of the lease is 5.5 years;
consideration was not disclosed.
Commenting on the transaction, Nan Drake, a Ventura-based public affairs consultant who
assisted Appliance Advantage in gaining approvals for its use, said: "This shows that
the City of Ventura and Planning Manager Dennis MacKay are behind businesses seeking to
grow. It also reflects government's interest in promoting recycling, reconditioning
and re-use of older appliances to help the environment. Accompanying benefits
include providing re-conditioned household products to people who can't afford new ones,
and generating tax monies for the city."
Westcord is one of the Los
Angeles area's top 25 commercial real estate companies with offices in Westlake Village,
CA, Van Nuys, CA, and Lancaster, CA. Another office will open soon in Valencia, CA.
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