Marcus & Millichap Arranges the Sale of a 10,185-Square Foot Mixed-Use Building
TARZANA, CA, April 19, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 19301 Ventura Boulevard, a 10,185-square foot mixed-use property located in Tarzana, CA, according to James Brian Markel, regional manager of the firm’s Ventura office. The asset sold for $3,400,000.
James DeBuiser and Gary Cohen, investment specialists in Marcus & Millichap’s Ventura office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by James DeBuiser and Gary Cohen.
19301 Ventura Boulevard is situated on .17 AC on a signalized corner in Tarzana, CA. Located less than 2 miles from Providence Cedars-Sinai Tarzana Medical Center and Warner Center, the property caters to the area’s thriving medical and professional industries.
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About Marcus & Millichap (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.