JLL Brokers Trophy Office Building Sale in Westlake Village
A highly desirable creative office building in Westlake Village, CA has been sold to the Harkham Family for $35 million in a transaction brokered by JLL Capital Markets. The firm also secured $21 million in financing for the 132,000-square-foot property, located at 2625 Townsgate Rd.
JLL’s Marc Schillinger represented the Harkham Family, who was in an exchange from their $200 million sale of 360 Rodeo Dr. Schillinger said in a news release, “Companies stay and continue to relocate to Westlake Village because it is a beautiful place to live while also having a thriving business community.”
Originally built in the 1970’s and renovated in 2001, the property features floor to ceiling glass, a high-profile tenant roster and creative office features that mirror similar building in San Francisco and prime Los Angeles. 2625 Towngate also appeals to the growing demand for life sciences space in the Conejo Valley.
- ◦Sale/Acquisition