SOLD
NewMark Merrill Companies Acquires Retail Property In Thousand Oaks For $27.5M
145 West Hillcrest Drive
Retail
172,008 SF
172,008 SF
Sold 151 days ago
Summary
Sale
CALIFORNIA
Retail
172,008 sqft
The retail property located at 145 West Hillcrest Drive in Thousand Oaks has been sold for a price of $27,500,000. The property spans across 172,008 square feet and was sold at a price per square foot of $160.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $27,500,000
- Address: 145 West Hillcrest Drive, Thousand Oaks
- Market: Thousand Oaks
- Square footage: 172,008
The buyer of the property is NewMark Merrill Companies, represented by Sandy Sigal, Jim Patton, Brad Pearl, Sandra Kist, and Susan Rorison. On the other hand, the seller is Seritage Retail Group, with Andrea Olshan as their representative.
The brokers involved in the transaction are Jimmy Slusher and Philip Voorhees from CBRE. The lender responsible for financing the deal is Prime Finance, and the mortgage broker is Bryan Gortikov.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
SOLD
IMAGE: Bryan Gortikov, Andrea Olshan, Brad Pearl, Susan Rorison, Sandy Sigal, Sandra Kist, Jim Patton, Jimmy Slusher & Philip Voorhees
DATE: 12/04/2023
ADDRESS: 145 West Hillcrest Drive
MARKET: Thousand Oaks
ASSET TYPE: Retail
BUYER: NewMark Merrill Companies (@NewMarkMerrillCompanies) - Sandy Sigal, Jim Patton, Brad Pearl, Sandra Kist & Susan Rorison
SELLER: Seritage Retail Group - Andrea Olshan (@Andrea.Olshan)
BROKERS: Jimmy Slusher & Philip Voorhees - CBRE (@CBRE)
LENDER: Prime Finance - Josh Frieman
MORTGAGE BROKER: Bryan Gortikov (@B.Gort)
SALE PRICE: $27,500,000
SF: 172,008 ~ PPSF: $160View on map
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Address145 West Hillcrest Drive
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