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5550 Topanga Canyon Boulevard

Sami Nomair And Gharzai Nomair Acquire Office Building From Warner Premiere For $10.05M
SOLDOffice

Sami Nomair And Gharzai Nomair Acquire Office Building From Warner Premiere For $10.05M

5550 Topanga Canyon Boulevard

$10,050,000

$159/SF

Building Size

62,900 SF

Asset Type

Office

Closing

Oct 2, 2025

AI

The property asset involved in this transaction is an office located at 5550 Topanga Canyon Boulevard in Woodland Hills, featuring a sale price of $10,050,000. The asset encompasses a total area of 62,900 square feet, resulting in a price per square foot of $159.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $10,050,000
  • Address: 5550 Topanga Canyon Boulevard
  • Market: Woodland Hills
  • Square Footage: 62,900
  • Price per Square Foot: $159
  • Buyer: Sami Nomair & Gharzai Nomair
  • Seller: Warner Premiere
  • Buyer's Representative: Scott Romick, Jay Rubin & Darren Casamassima - Lee & Associates
  • Seller's Representative: Mark Perry - CBRE

Key individuals involved in the transaction include the buyers, Sami Nomair and Gharzai Nomair, who were represented by Scott Romick, Jay Rubin, and Darren Casamassima from Lee & Associates. The seller, Warner Premiere, was represented by Mark Perry from CBRE, highlighting the roles of the real estate professionals in facilitating this deal.

Players

Darren Casamassima

Lee & Associates

Broker

$91.6M

vol

15 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
CBRE
CBREBrokerage

Sami Nomair

Buyer

$31.4M

vol

4 deals

Buyer

Woodland Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.58%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93