Marcus & Millichap Sells Industrial Asset At 21300 Vanowen Street Canoga Park For $16.3M

The asset involved in the transaction is an industrial property located at 21300 Vanowen Street in Canoga Park. The sale price for this property was $16,300,000, encompassing a total area of 50,000 square feet, which results in a price per square foot of $326.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,300,000
• Address: 21300 Vanowen Street
• Market: Canoga Park
• Square Footage: 50,000
• Price Per Square Foot: $326
• Brokers: Joshua Cohan & Ari Greene - Marcus & Millichap

Joshua Cohan and Ari Greene represented the transaction through their brokerage, Marcus & Millichap, ensuring the deal was facilitated effectively within the market framework.