Captiva Partners Acquires Industrial Property In North Hollywood For $15.7M

The industrial property located at 8210 Lankershim Boulevard in North Hollywood was sold in a transaction involving Captiva Partners as the buyer and Stu Eigler of Eigler Management as the seller. The property spans 66,400 square feet and was sold for $15,700,000, translating to a price per square foot of $236.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,700,000
• Buyer: Captiva Partners
• Seller: Stu Eigler - Eigler Management
• Brokers: Ari Greene & Adam Abushagur - Marcus & Millichap
• Address: 8210 Lankershim Boulevard
• Market: North Hollywood

Ari Greene and Adam Abushagur from Marcus & Millichap served as the brokers in the transaction. Captiva Partners, the buyer, is a real estate investment and operating company based in Southern California. The firm specializes in the acquisition, management, and enhancement of industrial and flex properties in the Western US. For more information about Captiva Partners, visit www.captivapartners.com.