82.1 F
San Fernando
Thursday, Nov 30, 2023

Westlake Village Office Building Sells for $32 Million

 An office building in Westlake Village has sold for $32 million, or roughly $303 per square foot.

Built in 1987, the two-story structure is located at 5601 Lindero Canyon Road. It has 105, 531 square feet and 443 parking spaces.

The buyer is Garden Commercial Properties, a retail and office developer based in Short Hills, New Jersey. The company is a subsidiary of Garden Homes, a residential developer.

The seller was EQ Office in Chicago.

Jones Lang LaSalle brokered the deal.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

Featured Articles

Related Articles