SOLD
Newmark Sells Westlake Village Office Building For $27M
2829 Townsgate Road
Office
88,334 SF
88,334 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Office
88,334 sqft
Located at 2829 Townsgate Road in Westlake Village, this office property was recently sold in a closed transaction. The property, spanning 88,334 square feet, was purchased by Majestic Asset Management for a total sale price of $27,000,000. With a price per square foot of $305, the transaction showcased the value of this office asset in the Westlake Village market.
Summary of transaction details
- Property Type: Office
- Sale Price: $27,000,000
- Square Footage: 88,334
The sale was facilitated by Kevin Shannon, Sean Fulp, Ryan Plummer, and Mark Schuessler from Newmark, who represented Majestic Asset Management in this deal. Their expertise and negotiation skills played a vital role in successfully closing the transaction.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Kevin Shannon, Sean Fulp, Ryan Plummer & Mark Schuessler
DATE: 03/29/2022
ADDRESS: 2829 Townsgate Road
MARKET: Westlake Village
ASSET TYPE: Office
SELLER: Majestic Asset Management
BROKERS: Kevin Shannon, Sean Fulp, Ryan Plummer & Mark Schuessler - Newmark
SALE PRICE: $27,000,000
SF: 88,334 ~ PPSF: $305View on map
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Address2829 Townsgate Road
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