AGOURA HILLS, CA – January 21, 2015 – (RealEstateRama) — From NAI Capital’s Westlake Village office, Ken Simons represented the seller, Agoura Hills Shopping Center Capital LLC, and Rod Delson, represented the buyer, GJD Holdings, LP, in the sale and purchase of a boutique retail shopping center located at 29020 Agoura Road in Agoura Hills, CA. The value of the sales transaction was $5,650,000 Million.
Rod Delson notes, “This was a perfect transaction as the seller wanted a well-qualified buyer, which we had. The buyer was a local investor in a 1031 exchange with no loan necessary to close. This made the process seamless and we were able to complete the transaction on time.”
The property consists of 19,481 sq. ft. of leasable space in a 82,226 sq. ft. retail center. This property, originally built in 1991, has been recently remodeled and tenants include Prime Steakhouse and Teague Pilates. The center is located between the Whizzin’s Center and Kanan Village in Agoura Hills.
About NAI Capital
NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California member of NAI Global, a premier real estate service network in 55 countries with 375 local offices and 6,700 local market leaders spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage BRE #00806840.
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