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Omninet Capital Acquires Office Buildings In Westlake Village For $55M

Property Image
SOLD
$55,000,000
Ryan Tetrault
Mark Schuessler
Ryan Plummer
+ 1

California

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Office265,602 SF
Sold 07/01/2020
the dealplayerscompscontact
Property Image
SOLD

Omninet Capital Acquires Office Buildings In Westlake Village For $55M

2801 Townsgate Rd, Westlake Village, CA, USA

See Similar Deals
Office265,602 SF
Sold 07/01/2020
Ryan Tetrault
Mark Schuessler
Ryan Plummer
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$207
Total Square Footage:265,602 SF
Transaction Type:Sale

Omninet Capital has acquired the office buildings located at 2801 and 2815 Townsgate Rd, as well as 100 and 200 N. Westlake Blvd in Westlake Village. The transaction was completed on July 1, 2020. The properties have a combined square footage of 265,602 and were purchased from Topa Equities for a total price of $55,000,000, resulting in a price per square foot of $207.08.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $55,000,000
  • Address: 2801 & 2815 Townsgate Rd, 100 & 200 N. Westlake Blvd, Westlake Village
  • Square Footage: 265,602
  • Buyer: Omninet Capital
  • Seller: Topa Equities
  • Brokers: Sean Fulp, Ryan Plummer, Mark Schuessler, Ryan Tetrault

The transaction involved the representation of Sean Fulp, Ryan Plummer, Mark Schuessler, and Ryan Tetrault from DataToDeals. These key individuals and companies played a pivotal role in facilitating the deal.

Players

Mark Schuessler
Colliers
Mark Schuessler
37 deals$1.3B volume
BROKER
Ryan Plummer
Newmark
Ryan Plummer
46 deals$1.1B volume(310) 407-6570
BROKER
Ryan Tetrault
Newmark
Ryan Tetrault
6 deals$152.9M volume
BROKER
Sean Fulp
Colliers
Sean Fulp
55 deals$1.9B volume
BROKER
OC
Omninet Capital
BUYER
TE
Topa Equities
SELLER

Details

SOLD
IMAGE: @SeanAFulp, @R.O.Plummer, @MarkSchuess & @RyanTetrault DATE: 07/01/2020 ADDRESS: 2801 & 2815 Townsgate Rd, 100 & 200 N. Westlake Blvd MARKET: Westlake Village ASSET TYPE: Office BUYER: Omninet Capital SELLER: Topa Equities BROKERS: Sean Fulp, Ryan Plummer, Mark Schuessler, Ryan Tetrault @DataToDeals PRICE: $55,000,000 SF: 265,602 ~ PPSF: $207.08

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Debt Service Coverage Ratio (DSCR)

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