Maggie Cervantes Acquires Sherman Way Office Building In Reseda For $5.5M | 18700-18704 Sherman Way, Reseda, Ca 91335 | Jay Martinez | Office | Sale

Summary

Sale

NATIONAL

Office

22,248 sqft

The recently closed property transaction in Reseda involved an office building located at 18700-18704 Sherman Way. The property spans 22,248 square feet and was sold for a total price of $5,500,000, which equates to approximately $247 per square foot. The transaction took place on February 28, 2023.

Summary of transation details

Property Type: Office
Transaction Amount: $5,500,000
Address: 18700-18704 Sherman Way, Reseda
Market: Reseda
Buyer: Maggie Cervantes
Seller: Geoffrey Lands
BROKERS: Jay Martinez - Kidder Mathews; Elizabeth Clark - Douglas Elliman

Maggie Cervantes served as the buyer in this transaction, while Geoffrey Lands acted as the seller. The deal was facilitated by two brokers, Jay Martinez from Kidder Mathews and Elizabeth Clark from Douglas Elliman.

Players

All
2

Agents
1
Agencies
1

Jay Martinez

Investment Sales Broker

$114.9M Sold

Kidder Mathews

Details

Deal Summary

SOLD

IMAGE: Elizabeth Clark & Jay Martinez DATE: 02/28/2023 ADDRESS: 18700-18704 Sherman Way MARKET: Reseda ASSET TYPE: Office BUYER: Maggie Cervantes SELLER: Geoffrey Lands BROKERS: Jay Martinez (@Jaymartinezkidder) - Kidder Mathews (@Kidder.Mathews); Elizabeth Clark (@Elizabethclark_cre) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanCalifornia) ASKING PRICE: $5,400,000 SALE PRICE: $5,500,000 SF: 22,248 ~ PPSF: $247

View on map

Address18700-18704 Sherman Way, Reseda, Ca 91335

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want