A 2.29-acre industrial development site located on Dupont Court in Ventura, California has sold for $2.4 million.
First Vice Presidents Bentley McKean, CCIM, and Jeffrey Crocker of Kidder Mathews represented both the buyer and seller in the transaction. The buyer, Decker-Goetsch Properties, a regional development company, plans to develop an approximately 43,000-square-foot Class A industrial building on the site, with estimated delivery in the first quarter of 2027. Kidder Mathews will continue to work with the developer to identify an end user for the property through a sale or lease. The seller is a local private property owner and repeat Kidder Mathews client.
Situated in Ventura’s most sought-after business park at 4500 Dupont Court, the site offers a rare infill opportunity in a coastal, supply-constrained industrial market. The property overlooks surrounding agricultural land and is approximately 30 miles from Santa Barbara and 60 miles from downtown Los Angeles.
“Ventura remains one of the most supply-constrained industrial markets on the coast,” said McKean. “In market conditions like these, deals can still move forward when experienced brokers, buyers, and sellers understand the fundamentals and recognize the right opportunities.”
“This site offers a rare opportunity to deliver new Class A industrial space in a coastal market with very limited new supply,” said Crocker. “The project’s scale, infill location, and proximity to key employment centers make it well positioned to meet ongoing demand in West Ventura County.”
Once delivered, the project will be the first new Class A light industrial building developed within the City of Ventura in nearly a decade, reflecting continued demand from experienced developers for high-quality industrial space in infill West Ventura County locations.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts nearly 2,700 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
