Updated Jan 17, 2026
Space Topanga Gateway Acquires Retail Shopping Center In Woodland Hills For $29.3 Million
21929 Ventura Boulevard
$29,300,000
$529/SF
Building Size
55,371 SF
Asset Type
Retail
Closing
Jan 16, 2026
About this deal
AI
Space Topanga Gateway acquired a retail asset located at 21929 Ventura Boulevard in Woodland Hills, California. The shopping center spans 55,371 square feet and was purchased for a total of $29,300,000, translating to a price per square foot of $529. The property is situated in a major regional employment and retail hub with strong demographics and nearby amenities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $29,300,000
- Buyer: Space Topanga Gateway
- Seller: Patrick C. Haden - Anderson Real Estate
- Square Footage: 55,371
- Price per Square Foot: $529
- Address: 21929 Ventura Boulevard
- Market: Woodland Hills
Patrick C. Haden of Anderson Real Estate represented the seller in this transaction, facilitating the sale to Space Topanga Gateway. The acquisition positions the shopping center to benefit from sustained demand and investor interest in neighborhood retail assets.
On the Map
$29,300,000
$529/SF
Retail
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Players
Woodland Hills Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93