SOLD
Gemdale USA Acquires Calabasas Office Campus For $79M With Seller, Buyer's Reps Newmark
4500 Park Granada
Office
222,524 SF
222,524 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Office
222,524 sqft
An office campus located at 4500 Park Granada in Calabasas has been sold for a total of $79,000,000. The property covers a space of 222,524 square feet, resulting in a price per square foot of $355. The transaction took place on April 5, 2021.
Summary of transation details
- Property Type: Office Campus
- Transaction Amount: $79,000,000
- Address: 4500 Park Granada, Calabasas
- Market: Calabasas
The buyer of the property is Gemdale USA, while the seller is a partnership between Christopher C. Rising of Rising Realty Partners and Peter Briger and Wesley R. Edens of Fortress Investment Group. The buyer was represented by David Milestone and Brett Green from Newmark, and the seller was represented by Kevin Shannon, Ken White, Rob Hannan, and Laura Stumm from Newmark Capital Markets.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: David Milestone, Brett Green, Rob Hannan, Kevin Shannon, Laura Stumm, Ken White, Christopher C. Rising, Peter Briger & Wesley R. Edens
DATE: 04/05/2021
ADDRESS: 4500 Park Granada
MARKET: Calabasas
ASSET TYPE: Office Campus
BUYER: Gemdale USA
SELLER: Christopher C. Rising - Rising Realty Partners & Peter Briger & Wesley R. Edens - Fortress Investment Group
BUYER'S REP: David Milestone & Brett Green - Newmark
SELLER'S REP: Kevin Shannon, Ken White, Rob Hannan & Laura Stumm - Newmark Capital Markets
SALE PRICE: $79,000,000
SF: 222,524 ~ PPSF: $355View on map
Loading...
Address4500 Park Granada
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want