Wellpointe Acquires Development Site At 6400 Canoga Avenue In Woodland Hills For $25.5M

The property asset is located at 6400 Canoga Avenue in Woodland Hills, consisting of a development site with a sale price of $25,500,000. The total square footage of the site measures 209,088, resulting in a price per square foot of $121.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $25,500,000
• Address: 6400 Canoga Avenue
• Market: Woodland Hills
• Square Footage: 209,088
• Price Per Square Foot: $121
• Buyer: Wellpointe
• Seller: Parkview Financial
• Brokers: Kevin Shannon, Chris Benton, Anthony Muhlstein & Gabe Munson - Newmark

The deal involved Wellpointe as the buyer and Parkview Financial as the seller. The transaction was facilitated by brokers Kevin Shannon, Chris Benton, Anthony Muhlstein, and Gabe Munson, representing the interests of the involved parties through Newmark.