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Milan Capital Management Acquires Office Property In La Mirada For $13.64M

16700 Valley View
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This Office property located in CA was sold for $13,640,000 about 5 years ago. The brokers of the deal were Mark Shaffer, Anthony DeLorenzo, Gary Stache, and Doug Mack

A 84,000 square foot office property located at 16700 Valley View in La Mirada, was recently sold for $13.64 million. The transaction took place on March 14, 2019. Milan Capital Management purchased the property from Saunders Property Company. The deal was facilitated by brokers Gary Stache, Anthony DeLorenzo, Mark Shaffer, Rickey Warner, and Doug Mack from CBRE. The price per square foot for the office space was $162.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $13.64M
  • Address: 16700 Valley View, La Mirada
  • Market: La Mirada

Doug Mack and Anthony DeLorenzo shared an image of the property on Instagram, giving a visual insight into the office building. Milan Capital Management, led by their representative at CBRE, finalized the purchase from Saunders Property Company. The deal showcases the collaborative effort of brokers Gary Stache, Anthony DeLorenzo, Mark Shaffer, Rickey Warner, and Doug Mack from CBRE in successfully closing the transaction at a price of $13.64 million.

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Deals
  • Location
    16700 Valley View Avenue, Mirada, L A, CA, USA16700 Valley View Avenue, Mirada, L A, CA, USA
  • Sale Price
    $13,640,000$13,640,000
    $162 PPSF$162 PPSF
  • Area
    84,000 SF84,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Mark Shaffer

Mark Shaffer

Deals14
Financed$299.5M

Gary Stache

Gary Stache

Deals22
Financed$344.7M

Doug Mack

Doug Mack

Deals10
Sold$133.4M

Anthony DeLorenzo

Anthony DeLorenzo

Deals60
Sold$1B

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

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Deal Summary

SALE IMAGE: Doug Mack & Anthony DeLorenzo DATE: 03/14/2019 ADDRESS: 16700 Valley View MARKET: La Mirada ASSET TYPE: Office BUYER: Milan Capital Management SELLER: Saunders Property Company BROKERS: Gary Stache, Anthony DeLorenzo, Mark Shaffer, Rickey Warner and Doug Mack @CBRE PRICE: $13.64M SF: 84K ~ PPSF: $162

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16700 Valley View

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