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Wave Enterprises Acquires Malibu Office Building On Stuart Ranch Road For $17.5M

Property Image
SOLD
$17,500,000
Tony Dorn
A.j. Dorn

California

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Office39,615 SF
Sold 04/24/2020
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Property Image
SOLD

Wave Enterprises Acquires Malibu Office Building On Stuart Ranch Road For $17.5M

23815 Stuart Ranch Rd, Malibu, CA 90265, USA

See Similar Deals
Office39,615 SF
Sold 04/24/2020
Tony Dorn
A.j. Dorn
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$441
Total Square Footage:39,615 SF
Transaction Type:Sale

The office property located at 23805 and 23815 Stuart Ranch Road in Malibu, California has been sold off-market for a price of $17,500,000. The property spans a total area of 39,615 square feet, resulting in a price per square foot of $441.75. The transaction took place on April 24, 2020.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $17,500,000
  • Address: 23805, 23815 Stuart Ranch Road, Malibu
  • Market: Malibu
  • Square Footage: 39,615
  • Price Per Square Foot: $441.75

The buyer of the property is Wave Enterprises, INC., while the seller is Miramar Investment Co. The transaction was facilitated by brokers A.J. Dorn and Tony Dorn.

Please note that additional information regarding the property or the transaction is not available.

Players

A.j. Dorn
Newmark
A.j. Dorn
3 deals$40.7M volume
BROKER
Tony Dorn
Tony Dorn
1 deal$17.5M volume
BROKER

Details

SOLD
IMAGE: A.J. Dorn DATE: 04/24/2020 ADDRESS: 23805, 23815 Stuart Ranch Road MARKET: Malibu ASSET TYPE: Office BUYER: Wave Enterprises, INC. SELLER: Miramar Investment Co. BROKERS: A.J. Dorn & Tony Dorn PRICE: $17,500,000 SF: 39,615 PPSF: $441.75 NOTES: Property was sold off market.

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