ABC Radio Sells Development Site At 12755 Burbank Boulevard In Valley Village For $75M

The property asset involved in this transaction is a development site located at 12755 Burbank Boulevard in the Valley Village market. The transaction was completed for a total price of $75,000,000, with a square footage of 836,352 and a price per square foot of $90.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $75,000,000
• Address: 12755 Burbank Boulevard
• Market: Valley Village
• Square Footage: 836,352
• Price Per Square Foot: $90
• Seller: ABC Radio
• Seller's Representatives: Kevin Shannon, Chris Benton, Anthony Muhlstein, Sean O'leary, Gabe Munson, and Ken White - Newmark

This transaction reflects the involvement of key representatives from Newmark, who facilitated the deal on behalf of the seller, ABC Radio. The entire team of Kevin Shannon, Chris Benton, Anthony Muhlstein, Sean O'leary, Gabe Munson, and Ken White played a crucial role in bringing this transaction to completion.