Sami Nomair Acquires Woodland Hills Office For $8.3M From Seller Jamison Services And Brokers Lee & Associates
22801 Ventura Boulevard
$8,300,000
$177/SF
Building Size
46,656 SF
Asset Type
Office
Closing
Feb 23, 2023
AI
The office building located at 22801 Ventura Boulevard in Woodland Hills has been sold in a closed transaction. The property spans 46,656 square feet and was sold for a price of $8,300,000, resulting in a price per square foot of $178. The transaction took place on February 23, 2023.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,300,000
- Address: 22801 Ventura Boulevard
- Market: Woodland Hills
The buyer of the property was Sami Nomair, while the seller was Jamison Services. The deal was facilitated by brokers Scott Romick, Darren Casamassima, Jay Rubin, and Scott Silverstein from Lee & Associates.
Players
Market Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93