facebook

traded

+ Submit
Home

/

Deals

/

California

/

Office

/

Sale

/

30601 Agoura Road

Harbor Associates Acquires Office Building On Agoura Rd. In Conejo Valley For $19.3M
SOLDOffice

Harbor Associates Acquires Office Building On Agoura Rd. In Conejo Valley For $19.3M

30601 Agoura Road

$19,275,000

$162/SF

Building Size

118,864 SF

Asset Type

Office

Closing

Jul 27, 2022

AI

Harbor Associates, represented by Paul Miszkowicz, has acquired an office property located at 30601 Agoura Rd. in Conejo Valley. The property spans across a total of 118,864 square feet and was sold by Adler Realty, with Michael Adler acting as the seller. The transaction took place on July 27, 2022, for a total sale price of $19,275,000. The price per square foot for the property was $162.

Summary of transaction details:

  • Property Type: Office
  • Sale Price: $19,275,000
  • Square Footage: 118,864
  • Price Per Square Foot: $162
  • Date: July 27, 2022
  • Address: 30601 Agoura Rd.
  • Market: Conejo Valley

The deal was facilitated by brokers Jared Smits and Jay Rubin, representing Lee & Associates. Their role in the transaction was to assist the buyer, Harbor Associates, in the acquisition of the property from the seller, Adler Realty. Jared Smits and Jay Rubin played a crucial role in connecting the parties involved and ensuring a successful completion of the deal.

Players

Jared Smits

Lee & Associates

Broker

$66.5M

vol

10 deals

Broker
Paul Miszkowicz

Paul Miszkowicz

Harbor Associates

Buyer

$155.2M

vol

6 deals

Buyer
Michael Adler

Michael Adler

Seller

$44.4M

vol

5 deals

Seller

Agoura Hills 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