Joseph Ramani Of PacWest Management Sells Retail Building In Lancaster For $3.9M
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See Similar DealsJoseph Ramani Of PacWest Management Sells Retail Building In Lancaster For $3.9M
2062 West Avenue J & 2072 West Avenue J
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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.
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