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California  + Los Angeles  + Retail  | 

Local Investor Snaps Up Sherman Oaks Burlington Store

Marcus & Millichap closed the sale of 14651 Ventura Blvd., a locally owned and operated Burlington store in Sherman Oaks. The sale price was $11,225,000. 

“Sherman Oaks remains a highly sought-after retail market due to its strong demographics, established consumer base and strategic location within the San Fernando Valley,” said Lior Regenstreif, executive managing director investments. “The property’s single-tenant net-leased structure and prominent Ventura Boulevard location made it an attractive investment opportunity.” 

Regenstreif, investment specialist in Marcus & Millichap’s Encino office, procured the buyer, a local private investor. SRS represented the seller.  

Built in 1999, the 24,890-square-foot, single-tenant property is situated on a 0.79-acre parcel located along Ventura Boulevard in the heart of Sherman Oaks. The location offers convenient access to the Sherman Oaks Galleria, Westfield Fashion Square, major freeways and a diverse mix of retail, dining and entertainment amenities, according to Marcus & Millichap.  

Read More News Stories About: Marcus & Millichap
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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