SOLD
Montana Avenue Capital Acquires Office & Industrial Property In Burbank For $37M
2777 North Ontario Street
Office
127 SF
127 SF
Summary
Sale
CALIFORNIA
Office
127 sqft
The Office & Industrial property located at 2777 North Ontario Street in Burbank has been sold for a price of $37,000,000. The property spans across 127,140 square feet, resulting in a price per square foot of $291. The transaction took place on January 3, 2023.
Summary of transaction details
- Property Type: Office & Industrial
- Transaction Amount: $37,000,000
- Address: 2777 North Ontario Street, Burbank
- Market: Burbank
Montana Avenue Capital acquired the property from Washington Capital Management and SSV Properties. The deal was facilitated by Kevin Shannon, Ken White, Rob Hannan, Laura Stumm, and Michael Kolcum of Newmark as the brokers representing both the buyer and the seller. David Milestone and Brett Green, also from Newmark, served as mortgage brokers.
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Details
SOLD
IMAGE: David Milestone, Brett Green, Kevin Shannon, Rob Hannan, Ken White & Laura Stumm
DATE: 01/03/2023
ADDRESS: 2777 North Ontario Street
MARKET: Burbank
ASSET TYPE: Office & Industrial
BUYER: Montana Avenue Capital
SELLER: Washington Capital Management & SSV Properties
BROKERS: Kevin Shannon, Ken White, Rob Hannan, Laura Stumm & Michael Kolcum - Newmark (@Newmark)
MORTGAGE BROKER: David Milestone & Brett Green - Newmark
SALE PRICE: $37,000,000
SF: 127,140 ~ PPSF: $291View on map
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Address2777 North Ontario Street
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