Joseph Ramani Of PacWest Management Sells Retail Building In Lancaster For $3.9M

A multi-tenant retail building located at 2062-2072 West Avenue J in Lancaster was sold for $3,900,000. The property spans 127,000 square feet, resulting in a price per square foot of $31, and is part of the Antelope Valley Plaza, which is grocery- and drug-anchored.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,900,000
• Sale Date: 12/15/2025
• Seller: Joseph Ramani - PacWest Management
• Buyer's Representative: Samer Khalil - Newmark
• Seller's Representatives: Ayda Kach & Sean Cox - Hanley Investment Group
• Square Footage: 127,000
• Price per Square Foot: $31

Hanley Investment Group facilitated the transaction, marking the third property sold at the center. This sale was completed to a private investor from Orange County, achieving a record price per square foot for the Antelope Valley, contributing to total sales at the center of $15.28 million.