Partners Capital Inc. Acquires Industrial Property In Westlake Village For $9.25M

The industrial property located at 31143-31149 Via Colinas in Westlake Village has been sold. The property consists of 27 units with a total square footage of 43,640. The sale price for this transaction was $9,250,000, resulting in a price per square foot of $212.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,250,000
• Units: 27
• Square Footage: 43,640
• Price per Square Foot: $212
• Address: 31143-31149 Via Colinas, Westlake Village
• Market: Westlake Village

The property was purchased by Partners Capital Inc., represented by Ryan Adjnasian and Mark Blumenthal. The seller in this transaction was the Bollenbacher Trust. The deal was facilitated by broker Vic Deirmendjian. This acquisition was part of the buyer's 1031 exchange requirement.