FORMER GM BUILDING GOES ON THE MARKET.Byline: Gregory J. Wilcox Staff Writer VAN NUYS - One of the last components of the huge former General Motors Corp. facility is on the market for the first time, officials said Friday. The 220,000-square-foot building on 10 acres at 8000 Van Nuys Blvd., where seats were once installed in automobiles, will either be sold or leased, probably to a manufacturing company, said Brett Warner, a principal at Lee & Associates LA North/Ventura Inc., the commercial real estate company representing the owner, Dallas-based Lincoln Lincoln, city and district, England Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. Properties. Until late last year, the big automaker used the facility, built in the mid- mid- pref. Middle: midbrain. 1950s, as an emission control The selective and controlled use of electromagnetic, acoustic, or other emitters to optimize command and control capabilities while minimizing, for operations security: a. detection by enemy sensors; b. mutual interference among friendly systems; and/or c. laboratory and storage for the EV-1, the company's electric car. The automaker began building the plant in 1946 and it opened a year later, turning out Chevrolet trucks and what were known as B cars. The facility went through several expansions and in 1970 began producing the Chevrolet Monte Carlo The Chevrolet Monte Carlo was an American mid-size car. Originally introduced by Chevrolet for the 1970 model year (as competition with the Ford Thunderbird), it has gone through six generations as of 2007. . In 1981 it was retooled to produce the Pontiac Firebird The Pontiac Firebird was a pony car built by the Pontiac division of General Motors between 1967 and 2002. The Firebird was introduced in the same year with its platform sharing cousin the Chevrolet Camaro. and Chevy Camaro. It finally closed in August 1992. One year before it closed, it had an annual payroll of $136 million. The GM building now on the market is just south of The Plant, a retail and industrial complex that was built on another section of the old automobile manufacturing facility. There are still 15 acres of the original 180 acres once owned by General Motors that can be developed. Warner said this would be an ideal manufacturing facility. ``General Motors built this to East Coast standards. It's got $2 million to $3 million of infrastructure that's very beneficial to a manufacturer. They spared no expense putting money into the building,'' he said. The parcel is centrally located in the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. and adjacent to a Metrolink station. The timing seems right, too, because the industrial vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled. 2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate. rate in the Valley area is about 4 percent. Bruce Ackerman Bruce Arnold Ackerman (born August 19, 1943) is a famous constitutional law scholar in the United States. He is a Sterling Professor at Yale Law School and one of the most frequently cited legal academics in the country. Biography Ackerman received his B. , president and chief executive officer of the Van Nuys- based Economic Alliance of the San Fernando Valley, said this will give the area a boost. ``That's fabulous news because it would bring some very needed jobs,'' Ackerman said. ``And that location has so much going for it.'' Gregory J. Wilcox, (818) 713-3743 greg.wilcox(at)dailynews.com CAPTION(S): photo Photo: (color) The General Motors building in Van Nuys, just south of The Plant retail and industrial complex, is on the market. The industrial vacancy rate is currently about 4 percent. Charlotte Schmid-Maybach/Staff Photographer |
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