Captiva Partners & Westbrook Partners Acquire Industrial Property In North Hollywood For $37M

The industrial property located at 12607 Sherman Way in North Hollywood has been sold in a recent transaction. The property spans 5.4 acres and features a total square footage of 139,567. The sale price for this transaction was $37,000,000, resulting in a price per square foot of $265.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $37,000,000
• Square Footage: 139,567
• Price Per Square Foot: $265
• Address: 12607 Sherman Way, North Hollywood
• Market: North Hollywood

The buyer of the property is Captiva Partners & Westbrook Partners. On the other hand, the seller is The Ben B. & Joyce E. Eisenberg Foundation, specifically represented by Joyce Eisenberg Keefer. The sale transaction was facilitated by David Hasbrouck, Lars Platt, Benjamin Cooper, and Mitchell Neff from Cushman & Wakefield, serving as the seller's representatives.