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Medical Equipment Maker Relocates to Calabasas
Lee & Associates LA/North Ventura arranged a 15-year lease at a freestanding, 128,700-square-foot SF R&D industrial building located at 26801 Agoura Road in Calabasas. Located just off the 101 Freeway, the site will house the manufacturing facility for ResMed Motor Technologies, a medical equipment manufacturer relocating from Chatsworth.
The transaction, with an estimated value of $46.5 million, was completed by president Mike Tingus and principal Grant Fulkerson, SIOR of Lee & Associates – LA North/Ventura, who represented landlord Cypress Land Company. Cushman & Wakefield represented the tenant, ResMed Inc.
“Finding the right location for companies seeking critical industrial facilities of this size is a challenge in this market, and this location met all the needs that ResMed required,” said Tingus, who has worked with the landlord for more than 30 years. “This is the first time the property has been available since it was built in 1998.
- ◦Lease


