The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
September 22, 2023
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Agoura Hills Office Asset Trades for $18.5 Mil


Platinum Court, a 100k sf, two-building suburban office center located in Agoura Hills, sold for $18.5 mil, which equates to $185/sf. Located 35 miles northwest of Downtown Los Angeles, Platinum Court benefits from easy access and exposure to 166,000 cars per day on U.S. Hwy 101.

Built in 1990 and 2007, the offices are finished with upgraded wood floors, glass panels, and LED lights. The average suite size is 2.1k sf and occupancy has historically been around 95%.

“Both buildings are highly desirable, boutique offices that are well suited for the current office workplace environment by their suburban location, multiple entry points and lobbies with elevators for private suite access,” said Ben Tashakorian, IPA executive director. Tashakorian, along with James DeBuiser, Gary Cohen, and Ali Valiahdi of Marcus & Millichap, represented the seller, MAK Management LLC, and procured the buyer, LIA Associates LLC.

“The property is supported by the exceptional demographics of Agoura Hills, which is home to a population of 21,000, 60.5% of whom have a bachelor’s degree or higher and the average household income exceeds $183,000 per year,” noted DeBuiser.

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 © 2023 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media