Tigran Martinian Acquires Office In Valley Village For $3,987,500 With Seller's Rep Brandon Michaels

The property involved in the transaction is an office asset located at 12722 Riverside Drive in Valley Village. The sale price of the asset was $3,987,500, and it encompasses a total area of 14,342 square feet, resulting in a price per square foot of approximately $278.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,987,500
• Address: 12722 Riverside Drive
• Market: Valley Village
• Square Footage: 14,342
• Price Per Square Foot: $278
• Buyer: Tigran Martinian
• Seller: Jeff Falyn
• Seller's Representative: Brandon Michaels - Marcus & Millichap

This transaction highlights the roles of key individuals involved, with Tigran Martinian as the buyer and Jeff Falyn as the seller. Brandon Michaels represented the seller, ensuring the successful transfer of ownership.