Paul Rahimian Acquires Office Building In Brentwood For $19M

Located in the Brentwood market, the office property at 11440 San Vicente has been sold in a recent transaction. The deal, which closed on February 1, 2022, involved a total sale price of $19,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,000,000
• Square Footage: 24,317
• Price per Square Foot: $781
• Address: 11440 San Vicente
• Market: Brentwood

The buyer in this transaction was Paul Rahimian, with the seller being Howard Banchik and Steve Fogel. Representing the buyer were Michael Arnold and Tom Sexton from NAI Capital, while Matt McRoskey and Daniel Rainer from JLL acted as the seller's representatives.