W-F Catalina Owner IX Acquires Industrial Property In Warner Center For $61M
21200 Victory Boulevard, Woodland Hills, California 91367, United States
$61,000,000
$326/SF
Building Size
187,000 SF
Asset Type
Industrial
Closing
Feb 14, 2022
AI
The industrial property located at 21200 Victory Blvd. in the Warner Center area was recently sold in a transaction. The property spans approximately 187,000 square feet and is situated in a bustling market known for its industrial assets. The sale was facilitated by brokers Gordon Mace and Josh Linn from Beitler Commercial Realty. The buyer, W-F Catalina Owner IX, acquired the property from the seller, Butler Family Trust.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $61,000,000
- Square Footage: 187,000
- Price per Square Foot: $326
- Market: Warner Center
- Buyer: W-F Catalina Owner IX
- Seller: Butler Family Trust
- Brokers: Gordon Mace & Josh Linn - Beitler Commercial Realty
- Date of Sale: 02/15/2022
The deal’s key individuals and companies involved include brokers Gordon Mace and Josh Linn from Beitler Commercial Realty. They played a crucial role in facilitating the transaction between the buyer and seller. The sale price of $61,000,000 and the square footage of 187,000 were key factors in determining the value of the property. This successful transaction highlights the strong market in the Warner Center area for industrial assets.
Players
Woodland Hills Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93