Nathan Amerberg Acquires Office Building In Woodland Hills For $6.95M Represented By Alex Galuz

The property asset involved in this transaction is a freestanding office building located at 20970 Warner Center Lane in Woodland Hills. It was sold for $6,950,000, encompassing 23,382 square feet, resulting in a price per square foot of $297.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,950,000
• Square Footage: 23,382
• Address: 20970 Warner Center Lane
• Market: Woodland Hills
• Buyer: Nathan Amerberg
• Seller: Michael Adler
• Buyer's Representative: Alex Galuz - Keller Williams Realty
• Seller's Representatives: Jay Rubin & Eugene Kim - Lee & Associates

This transaction was facilitated by Alex Galuz of Keller Williams Realty, who represented the buyer, an owner-user. The seller was represented by Jay Rubin and Eugene Kim from Lee & Associates. Notably, the property is part of a larger business park, presenting a rare opportunity to acquire a freestanding building in the heart of the Warner Center submarket.