The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
Two San Fernando Valley Retail Investment Buys Total Over $16.5 Mil

10/11/16

We’ve got a couple of recent retail sales comps from the San Fernando Valley to report. Both deals were brokered, at least in part, by Yubin Tao with Investment Real Estate Associates.

In the larger transaction, a 35.3k sf retail property in Van Nuys traded for $13 mil, or $368/sf. The property is located at 16105-16153 Victory Blvd, a few blocks west of the 405 Fwy. Tao represented the buyer, a private family trust, and the seller, a private investment firm.

In the other deal, a 2.5k sf, single-tenant property in Studio City sold for $3.65 mil, or $1,460/sf. Built in 1949, the building is located at 12103 Ventura Blvd, at the intersection with Laurel Canyon Blvd.

Tao repped the seller, a private LLC. The buyer, also a private LLC, was represented by Alexander Koustas, at The December Company.





Return to the Archive page
 
 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media