Commercial Scene : Pharmaceutical Company Leases in San Fernando

Pharmavite Corp., recently acquired by Otsuka Pharmaceutical Co. of Japan, has leased a 134,000-square-foot facility at 1150 Aviation Blvd. in the San Fernando Business Center owned by Overton, Moore & Associates in San Fernando.

The Newport Beach offices of Lee & Associates Commercial Real Estate Services represented Pharmavite in the 10-year agreement valued at $16 million.

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