Alliance Residential Company Acquires Development Site In Westlake Village For $10.7M | 31200 Cedar Valley Drive | Matthew Luchs, Brandon Michaels | Development Site | Sale

Summary

Sale

CALIFORNIA

Development Site

75,000 sqft

Alliance Residential Company has acquired a development site located at 31200 Cedar Valley Drive in Westlake Village. The property spans 75,000 square feet and was sold for a total price of $10,705,000. The purchase price per square foot amounts to $142.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $10,705,000
Address: 31200 Cedar Valley Drive, Westlake Village

The seller of the property was Jonathan Weiss. The transaction was facilitated by brokers Brandon Michaels and Matthew Luchs from Marcus & Millichap.

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Players

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: 07/28/2021 ADDRESS: 31200 Cedar Valley Drive MARKET: Westlake Village ASSET TYPE: Development Site BUYER: Alliance Residential Company SELLER: Jonathan Weiss BROKERS: Brandon Michaels (@BrandonMichaelsGroup) & Matthew Luchs (@MatthewLuchs) - Marcus & Millichap SALE PRICE: $10,705,000 BSF: 75,000 ~ PPBSF: $142

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Address31200 Cedar Valley Drive

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