Brian Abers And Matt Nolan Of Captiva Partners Acquire Industrial Portfolio In Calabasas For $26.5M

Captiva Partners acquired a six-building industrial portfolio located at 23907-23947 Ventura Boulevard, 23930-23978 Craftsman Road, 5101–5111, 5115 Douglas Fir Road & 23961 Craftsman Road in Calabasas. The portfolio encompasses 107,000 square feet across 8.6 acres and was purchased for $26.5 million, translating to a price per square foot of $248.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,500,000
• Square Footage: 107,000
• Location: Calabasas
• Price Per Square Foot: $248
• Buyer: Brian Abers & Matt Nolan - Captiva Partners
• Seller: Calabasas Investment Group; Craftsman Investment Group
• Brokers: Scott Caswell & Erica Balin - Lee & Associates
• Acres: 8.6

The transaction was facilitated by Scott Caswell and Erica Balin from Lee & Associates, who represented the buyer in the deal, which covers 47 suites across three projects. This deal showcases the ongoing investment activity in the Calabasas industrial market.