Calabasas Property Sold For $12.7M With Seller's Reps Eugene Kim And Jay Rubin

The property asset involved in the transaction is a two-story office building located at 26050 Mureau Road in Calabasas, California. The building was sold for $12.7 million, equating to $271 per square foot. It has a total area of 46,899 square feet and was built in 1997. The building includes various features such as a training center, boardrooms, fitness center, server rooms, employee lounge, outdoor patio, elevator, and 157 parking spaces.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $12,700,000.00
• Square Footage: 46,899
• Address: 26050 Mureau Rd, Calabasas, CA, 913...
• Market: Calabasas
• Seller's Representatives: Eugene Kim - B6 Real Estate Advisors, Jay Rubin - Lee & Associates
• Buyer's Identity: Unknown

Craig Miller and Todd Cobin of Stone Miller represented the seller in the deal alongside Jay Rubin and Eugene Kim, who also acted as representatives for the seller. Crusader Insurance Co. was the seller of the property, completing the transaction with the undisclosed buyer.