Banner Real Estate Group Acquires Development Site In Woodland Hills For $10.78M | 20401 Ventura Boulevard | Matthew Luchs, Steven Schechter, Brandon Michaels | Development Site | Sale

Summary

Sale

CALIFORNIA

Development Site

53,433 sqft

Banner Real Estate Group has acquired a development site in Woodland Hills. The property, located at 20401 Ventura Boulevard, was sold by Kamyar Marouni for a total price of $10,780,000. The site spans 53,433 square feet, resulting in a price per square foot of $202.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $10,780,000
Address: 20401 Ventura Boulevard
Market: Woodland Hills

The deal was facilitated by brokers Brandon Michaels, Matthew Luchs, and Steven Schechter of the Brandon Michaels Group, who represented both the buyer and the seller.

Players

All
4

Agents
3
Agencies
1

Matthew Luchs

First Vice President Investments

$408.7M Sold

Steven Schechter

Vice President Investments

$197.9M Sold

Brandon Michaels

Senior Managing Director Investments

$597.5M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Brandon Michaels, Matthew Luchs & Steven Schechter DATE: 05/17/2023 ADDRESS: 20401 Ventura Boulevard MARKET: Woodland Hills ASSET TYPE: Development Site BUYER: Banner Real Estate Group SELLER: Kamyar Marouni BROKERS: Brandon Michaels, Matthew Luchs (@MatthewLuchs) & Steven Schechter (@Steven.Schechter.10) - Brandon Michaels Group (@BrandonMichaelsGroup) SALE PRICE: $10,780,000 SF: 53,433 ~ PPSF: $202

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Address20401 Ventura Boulevard

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