Video Firm Pays $3.1M for Kretek Site

MOORPARK, CA-Film and video production firm MPO Videotronics has moved into the former Kretek International headquarters after acquiring the 40,000-sf office building for $3.1 million, according to Westcord Commercial Real Estate Services in Westlake Village.

MPO has relocated from nearby Newbury Park, says Tony Principle of Westcord, who says MPO principal Lawrence Kaiser acquired the building at 5069 Maureen Lane. Principe represented seller Kretek International, with MPO representing itself.

Established in 1947, MPO Videotronics creates and installs custom video and audio systems. Its designs include some of the largest and thinnest wall projection wall systems on the market, known as Videorama, as well as other related products.

The former Kretek offices that MPO is occupying have some of the most elaborate tenant improvements in the region, featuring touches like an arched foyer and mosaic tile in common areas, a spacious cafeteria, large executive offices, oak paneling and an executive wing reached via the foyer. The fully air conditioned, concrete tilt-up building includes a 24-foot-clear warehouse.

Kretek International, a manufacturer and distributor of specialty tobacco products, recently moved into a new, similarly upgraded, 80,000-sf headquarters, also in Moorpark.