Ferrucci Properties Acquires Retail Property In Westlake For $22.5M

Ferrucci Properties has acquired a retail property located at 5770 Lindero Canyon Rd. in Westlake. The transaction was facilitated by broker Lior Regenstreif, representing the buyer. Fourth Street Venture LP acted as the seller in the deal.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $22,525,000
• Square Footage: 50,242
• Price Per Square Foot: $448
• Address: 5770 Lindero Canyon Rd.
• Market: Westlake

The retail property at 5770 Lindero Canyon Rd. offers a total of 50,242 square feet of space and was sold for a price of $22,525,000, resulting in a price per square foot of $448. Lior Regenstreif, from the Ferrucci Properties Agency, represented the buyer in this transaction.