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
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