March Parnprome Acquires Retail Property In Canoga Park For $6.8M | 7117 & 7127 Desoto Canoga Park & 20900-20914 Sherman Way | Matthew Luchs, Brandon Michaels | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

24,877 sqft

A retail property located at 7117 & 7127 Desoto Canoga Park & 20900-20914 Sherman Way in Canoga Park has been sold for a total of $6,800,000. The property spans approximately 24,877 square feet, resulting in a price per square foot of $273. The transaction took place on October 14, 2021.

Summary of transaction details

Property Type: Retail
Transaction Amount: $6,800,000
Market: Canoga Park
Address: 7117 & 7127 Desoto Canoga Park & 20900-20914 Sherman Way

The buyer of the property is March Parnprome, while the seller is Bill Strong. The deal was facilitated by brokers Brandon Michaels and Matthew Luchs from Marcus & Millichap.

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Players

All
3

Agents
2
Agencies
1

Matthew Luchs

First Vice President Investments

$363.7M Sold

Brandon Michaels

Senior Managing Director Investments

$597.5M Sold

Details

Deal Summary

SOLD

IMAGE: Brandon Michaels & Matthew Luchs DATE: 10/14/2021 ADDRESS: 7117 & 7127 Desoto Canoga Park & 20900-20914 Sherman Way MARKET: Canoga Park ASSET TYPE: Retail BUYER: March Parnprome SELLER: Bill Strong BROKERS: Brandon Michaels (@BrandonMichaelsGroup) & Matthew Luchs (@MatthewLuchs) - Marcus & Millichap SALE PRICE: $6,800,000 SF: 24,877 ~ PPSF: $273

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Address7117 & 7127 Desoto Canoga Park & 20900-20914 Sherman Way

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