Updated Dec 21, 2023
Stan Kroenke Acquires Woodland Hills Office Property On Oxnard St. For $175M
21555 Oxnard Street, Woodland Hills, California 91367, United States
$175,000,000
$388/SF
Building Size
450,000 SF
Asset Type
Office
Closing
Jun 6, 2022
About this deal
AI
Stan Kroenke has purchased an office property located at 21555 Oxnard St. in Woodland Hills. The property spans across 32.0 acres, offering ample space for various business activities.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $175,000,000
- Date: 06/07/2022
- Market: Woodland Hills
- Square Footage: 450,000
- Price per Square Foot: $388
This transaction was completed on 06/07/2022, with Stan Kroenke becoming the buyer of the property. The sale price for this office space was $175,000,000. The property spans across 450,000 square feet, equating to a price per square foot of $388. The transaction took place in the vibrant market of Woodland Hills. Stan Kroenke's acquisition of this property highlights the significance of this deal for both parties involved.
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93