San Fernando Valley High School Acquires Office Building In North Hollywood For $9.75M

The property asset involved in the transaction is located at 12412 Victory Boulevard in North Hollywood. This office building encompasses a total square footage of 35,155 and is valued at a sale price of $9,750,000, resulting in a price per square foot of $277.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,750,000
• Buyer: San Fernando Valley High School
• Seller: James Kenyon - Kenyon Company
• Broker: Iman Mossanen - Marcus & Millichap

The transaction involved key individuals such as James Kenyon, who represented the selling entity, Kenyon Company, and Iman Mossanen, who acted as the broker facilitating the sale for Marcus & Millichap. The buyer, San Fernando Valley High School, acquired the property amidst the North Hollywood market dynamics.