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Marcus & Millichap Represents Landlord Amir Moghadam In Lease Of Mixed-Use Property On Business Center Drive, Northridge

Property Image
LEASED
Glen Scher
Martin Agnew
+ 3

California

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Mixed-use64,932 SF
Leased 11/02/2021
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Property Image
LEASED

Marcus & Millichap Represents Landlord Amir Moghadam In Lease Of Mixed-Use Property On Business Center Drive, Northridge

19401 Business Center Drive, Northridge, CA 91324, USA

See Similar Deals
Mixed-use64,932 SF
Leased 11/02/2021
Glen Scher
Martin Agnew
+ 3
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Total Square Footage:64,932 SF
Transaction Type:Lease

A mixed-use property located at 19401 Business Center Drive in Northridge has been leased. The transaction took place on 11/02/2021. The property offers a total square footage of 64,932. The landlord, Amir Moghadam, agreed to lease the property to the tenant, Delphi. The tenant was represented by Jeff Puffer from Delphi while the landlord was represented by Klyvia Iha, Ryan Serling, Martin Agnew, Filip Niculete, and Glen Scher from Marcus & Millichap. The asking rent for the property was $13.20 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not mentioned
  • Address: 19401 Business Center Drive
  • Market: Northridge

The key individuals involved in the deal include Jeff Puffer from Delphi as the tenant's representative, and Klyvia Iha, Ryan Serling, Martin Agnew, Filip Niculete, and Glen Scher from Marcus & Millichap as the landlord's representatives. They played a crucial role in facilitating the lease transaction between the landlord, Amir Moghadam, and the tenant, Delphi.

Players

Filip Niculete
196 deals$785.1M volume
BROKER

Glen Scher
Marcus & Millichap
190 deals$738.1M volume
BROKER

Martin Agnew
Marcus & Millichap
119 deals$436.8M volume
BROKER

Klyvia Iha
Marcus & Millichap
9 deals$28.2M volume
BROKER

Ryan Rothstein-Serling
Marcus & Millichap
122 deals$509.8M volume(818) 212-2725
BROKER

Details

LEASED
IMAGE: Klyvia Iha, Ryan Serling, Martin Agnew, Glen Scher & Filip Niculete DATE: 11/02/2021 ADDRESS: 19401 Business Center Drive MARKET: Northridge ASSET TYPE: Mixed-use LANDLORD: Amir Moghadam TENANT'S REP: Jeff Puffer - Delphi LANDLORD'S REP: Klyvia Iha (@Klyvia_Schlegel_Iha), Ryan Serling (@RyanRS14), Martin Agnew (@MartyAgnew), Filip Niculete (@FNiculete) (@AgnewSerlingGroup) & Glen Scher (@ScherGlen) (@Laaateam) - Marcus & Millichap ASKING RENT: $13.20/ft. ~ SF: 64,932

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Deal Type
Effective Rent (Annual)

$3,721,863.06

Total Lease Value

$37,218,630.57

Net Landlord Cash Flow$3,721,863.06