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Ryan Gallagher & Mark Moshayedi Acquire Retail Property In Woodland Hills For $64M With PGIM Loan

Property Image
SOLD
$64,000,000

California

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Retail123,402 SF
Sold 12/10/2025
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Property Image
SOLD

Ryan Gallagher & Mark Moshayedi Acquire Retail Property In Woodland Hills For $64M With PGIM Loan

21909 Ventura Boulevard

See Similar Deals
Retail123,402 SF
Sold 12/10/2025

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$518
Total Square Footage:123,402 SF
Transaction Type:Sale

The retail asset sold is located at 21909 Ventura Boulevard in Woodland Hills, comprising 123,402 square feet. The transaction was completed for $64,000,000, which equates to a price per square foot of $519. The property is anchored by Ralphs and is 97% leased, recently undergoing renovations.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $64,000,000
  • Buyer: Ryan Gallagher & Mark Moshayedi - Space Investment Partners
  • Seller: Anderson Real Estate
  • Broker: Eastdil Secured
  • Lender: PGIM Real Estate Finance
  • Loan Amount: $42.9M

Ryan Gallagher and Mark Moshayedi, representing Space Investment Partners, are noted for their aggressive strategy in grocery-anchored acquisitions, planning to target up to $1 billion in such deals for the upcoming year. Eastdil Secured facilitated the transaction, while PGIM Real Estate Finance was responsible for providing a significant loan for the purchase.

Players

BROKERAGE

Details

SOLD
IMAGE: Ryan Gallagher & Mark Moshayedi DATE: 12/10/2025 ADDRESS: 21909 Ventura Boulevard MARKET: Woodland Hills ASSET TYPE: Retail BUYER: Ryan Gallagher & Mark Moshayedi - Space Investment Partners SELLER: Anderson Real Estate BROKER: Eastdil Secured (@EastdilSecured) LENDER: PGIM Real Estate Finance SALE PRICE: $64,000,000 SF: 123,402 ~ PPSF: $519 NOTE: Space Investment Partners bought the 123,402-square-foot Topanga Gateway center in Woodland Hills for $64M, with Eastdil Secured brokering the sale and PGIM Real Estate Finance providing a $42.9M loan. The Ralphs-anchored property, 97% leased and recently renovated, marks the firm’s second major retail acquisition this year as it targets up to $1B in grocery-anchored deals for 2026.

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