Just Closed: Woodland Hills Trophy Office Investment

WOODLAND HILLS, CA, August 25, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 22144 Clarendon Street, a 44,648 -square foot trophy office property located in Woodland Hills, CA right off the 101 freeway, according to Adam P. Christofferson, regional manager of the firm’s Ventura office. 

Gary Cohen, Director National Office and Industrial Specialty Group and James DeBuiser, Associate in Marcus & Millichap’s Ventura office, had the exclusive listing to market the property on behalf of the seller, Equity Office.  The buyer was a private 1031 exchange buyer. The property was 84% occupied at the time of sale.

Status: Sold
Price: $10,000,000
Building Size: 44,648 sq ft
Price Per Square Foot: $224.00

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