SAG-AFTRA Acquires Office Property In Valley Village For $46.6M

The office building located at 12020 Chandler Boulevard in Valley Village was sold for a transaction amount of $46,600,000. The property spans across 63,000 square feet, resulting in a price per square foot of $740. The sale was completed on 03/31/2023.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $46,600,000
• Address: 12020 Chandler Boulevard
• Market: Valley Village

The buyer of the property was SAG-AFTRA, while the seller was Jamison Properties. The brokers involved in the deal were Kevin Donner and Benjamin Lushing from Newmark, along with Arlene Sommer from Cushman & Wakefield.