Janine & Ken Kendall Acquire Office Building In Simi Valley For $2.65M With Seller's Rep Josh Markowitz

The property asset involved in the transaction is an office building located at 159 Parrot Lane, Simi Valley. The asset sold for a price of $2,650,000 and has a total square footage of 8,021 square feet, which translates to a price per square foot of $330.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,650,000
• Buyer: Janine & Ken Kendall
• Seller: David & Nancy Ellis
• Seller's Representative: Josh Markowitz - Markowitz Commercial Real Estate
• Market: Simi Valley

This transaction involved Janine & Ken Kendall as the buyers, acquiring the property from David & Nancy Ellis. The sellers were represented by Josh Markowitz of Markowitz Commercial Real Estate, who noted that the property was sold to an owner-user for 96% of the asking price.