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21200 Victory Boulevard, Wo...

Updated Oct 28, 2024

W-F Catalina Owner IX Acquires Industrial Property In Warner Center For $61M
SOLDIndustrial

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

About this deal

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.

On the Map

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$61,000,000

$326/SF

Industrial

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Players

Gordon Mace

Broker

$64.4M

vol

4 deals

Broker
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Woodland Hills Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $326 per square foot on a published $61M for 187,000 square feet (2022).

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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

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