SOLDOffice
Atlantic Pearl Investments Acquires Two Twin Office Buildings In Westlake Village For $19.25M
2535 Townsgate Road
$19,250,000
$193/SF
Building Size
99,545 SF
Asset Type
Office
Closing
Nov 14, 2025
AI
Two twin office buildings located at 2535 & 2555 Townsgate Road in Westlake Village were sold for $19,250,000. The buildings encompass a total of 99,545 square feet, resulting in a price per square foot of $193.
Summary of transaction details:
- Property Type: Two Twin Office Building
- Transaction Amount: $19,250,000
- Buyer: Atlantic Pearl Investments - Brian Ghassemieh & Eric Ghassemieh
- Brokers: Sean Fulp, Mark Schuessler, Jason Roth, Blake Hammerstein & Jordan Garcia - Colliers
- Sale Date: 11/14/2025
Jason Roth secured acquisition financing for the Buyer, contributing to the successful closing of this transaction.
Players
Westlake Village Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.82%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93