Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.
The Valencia property, which totals 65,178 square feet and sits on a parcel of more than 3 acres, has a diverse mix of 47 professional office suites that range in space from 600 to 2,270 square feet.
Located at 28494 Westinghouse Place, Valencia Atrium is situated within Valencia Gateway Corporate Point office park.
The deal was transacted on both ends by Spectrum Commercial Real Estate, which has offices in Encino and Valencia. Yair Haimoff, Andrew Ghassemi and Matt Sreden of Spectrum represented the seller and the buyer – both private investors – in an off-market deal. The law firm Kanowsky & Associates in Santa Clarita also represented the buyer in the transaction.
Comparable deals in nearby submarkets include the $23.7 million purchase of 5620 Wilbur Ave. in Tarzana, known as Wilbur Medical Plaza, in February; the $45.3 million purchase of 3903 W. Olive Ave. in Burbank last November; and the November 2019 buy of Victory Square at 12444 Victory Blvd. in North Hollywood.