JP Burnet Purchases Property From Burnet Investments For $3.6 Million With Andrew Berk And Mark Evanoff As Representatives

The property involved in this transaction is an industrial warehouse facility located at 7727 Burnet Ave in the Van Nuys neighborhood of Los Angeles. The sale price for the property was $3,600,000. The warehouse includes 16,230 square feet of space and features an office space build-out, 32 parking stalls, a gated lot, 16-foot clear heights, and two ground-level roll-up doors. California Contractors Supplies has occupied the warehouse since the late 1970s.

Summary of transaction details:

• Property Type: Industrial Warehouse
• Transaction Amount: $3,600,000.00
• Address: 7727 Burnet Ave, Los Angeles, CA
• Market: Van Nuys
• Buyer: JP Burnet
• Seller: Burnet Investments
• Buyer's Representative: Andrew Berk - Avison Young
• Seller's Representative: Mark Evanoff - Avison Young

In this transaction, Andrew Berk and Mark Evanoff of Avison Young represented the seller, Burnet Investments, while Andrew Berk also represented the buyer, JP Burnet. This sale marks a significant transition of ownership for the warehouse property.