Credit Adjustment Bureau Acquires Office Building In Sherman Oaks For $6.5M

A Sherman Oaks office property located at 4340 Fulton Ave. has been sold in a closed transaction. The property, measuring 15,200 square feet, was purchased by the buyer, Credit Adjustment Bureau, from the seller, Steel Systems Engineering. The deal was facilitated by broker Gordon Myers. The property was listed for an asking price of $6,500,000, and the final sale price matched the asking price.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $6,500,000
• Address: 4340 Fulton Ave., Sherman Oaks
• Market: Sherman Oaks
• Buyer: Credit Adjustment Bureau
• Seller: Steel Systems Engineering
• Broker: Gordon Myers - representing Credit Adjustment Bureau
• Square Footage: 15,200
• Price Per Square Foot: $428

Gordon Myers served as the representative for the buyer, Credit Adjustment Bureau, in this transaction. The office property, located in Sherman Oaks, was successfully acquired by the buyer from the seller, Steel Systems Engineering. The deal closed at the listed price of $6,500,000, reflecting a price per square foot of $428.