GD Realty Group Acquires Retail Property In Sherman Oaks For $10.75M

The retail property located at 14612 Ventura Blvd in Sherman Oaks has been sold for $10,750,000. The transaction took place on 03/13/2020. The property spans a total of 13,280 square feet, with a price per square foot of $809.49. It consists of 2 units, and the price per unit was $5,375,000. The buyer of the property was GD Realty Group, while the seller was Westside Properties. The deal was facilitated by brokers David Aschkenasy and Greg Eckhardt.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,750,000
• Address: 14612 Ventura Blvd
• Market: Sherman Oaks
• Square Footage: 13,280
• Price Per Square Foot: $809.49
• Units: 2
• Price Per Unit: $5,375,000
• Buyer: GD Realty Group
• Seller: Westside Properties
• Brokers: David Aschkenasy & Greg Eckhardt

This transaction represented a significant sale in the Sherman Oaks market. The involvement of brokers David Aschkenasy and Greg Eckhardt highlights their expertise in facilitating high-value retail property transactions in the area.