Richard Ehart Acquires Office At 3901 Las Posas Road In Camarillo For $6.1M

The property involved in the transaction is an office asset located at 3901 Las Posas Road in Camarillo. The total sale price reached $6,100,000 for a space of 50,250 square feet, translating to a price per square foot of $121.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,100,000
• Address: 3901 Las Posas Road
• Market: Camarillo
• Square Footage: 50,250
• Price Per Square Foot: $121
• Buyer: Richard Ehart
• Seller: Robert Major & Randy Nader
• Brokers: Matthew Luchs & Chase Cohen - Zacuto Group

This transaction generated 13 offers through a strategic marketing plan. It opened escrow with no contingencies and successfully overcame a Seller Partition Action. Short-term seller financing was available to the buyer, while negotiations involved 53 different owners part of the selling entity.