Eyal Shirel Purchases Retail Property On Ventura Boulevard In Sherman Oaks For $3.16M

The property asset involved in the transaction is located at 14532 Ventura Boulevard in Sherman Oaks. The retail asset was sold for $3,158,000, encompassing a total square footage of 4,360, translating to a price per square foot of $724.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,158,000
• Square Footage: 4,360
• Price Per Square Foot: $724
• Buyer: Eyal Shirel
• Seller: Josef Evenmouha
• Buyer's Representative: Ali Ketabchi - Equity Union Real Estate
• Seller's Representatives: Scott Romick & Darren Casamassima - Lee & Associates

This transaction represents an off-market deal facilitated by the seller's representatives, who recognized the buyer's intention to relocate their business. They initiated contact with the buyer's broker to successfully secure this deal in a prime location within Ventura in Sherman Oaks.