SOLD
Majestic Asset Management & The Johnston Group Acquire Office Building In Westlake Village For $18.25M
2829 Townsgate Road, Westlake Village, CA
Office
84,098 SF
84,098 SF
Summary
Sale
CALIFORNIA
Office
84,098 sqft
The office building located at 2829 Townsgate Road in Westlake Village, CA has been sold for $18,250,000. Spanning across 84,098 square feet, the property has been purchased by Majestic Asset Management and The Johnston Group. The seller of the building was Kilroy Realty Corporation. The transaction was facilitated by Mark Schuessler, Ryan Plummer, and Sean Fulp from the Shannon Private Capital Group.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $18,250,000
- Square Footage: 84,098
- Market: Westlake Village
- City: Los Angeles
This sale represents NKF Private Capital Group's second transaction in the past 18 months on Townsgate Road. Notably, in February 2018, NKF completed a $23.3 million office sale for The Blackstone Group at 2535-2555 Townsgate Road, which was purchased by Majestic Asset Management and The Johnston Group as well.
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All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Mark Schuessler, Ryan Plummer & Sean Fulp @TeamShannonPCG
DATE: 05/29/2019
ADDRESS: 2829 Townsgate Road, Westlake Village, CA
MARKET: Westlake Village
CITY: Los Angeles
ASSET TYPE: Office
PRICE: $18,250,000
SF: 84,098
PPSF: $217.01.01
BUYER: Majestic Asset Management & The Johnston Group
SELLER: Kilroy Realty Corporation
BROKERS: Mark Schuessler, Ryan Plummer, Sean Fulp @TeamShannonPCG
NOTES: This transaction marks NKF Private Capital Group’s second sale in the past 18 months on Townsgate Road. In February 2018, NKF completed a $23.3.3 million office disposition for The Blackstone Group at 2535-2555 Townsgate Road to Majestic Asset Management and the Johnston Group.View on map
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Address2829 Townsgate Road, Westlake Village, CA
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