Lee & Associates has recently completed the $8.3 million sale of 22801 Ventura Boulevard, a 48,000-square-foot, reimagined office property in Woodland Hills, CA. My Properties Group LLC, purchased the asset from 22801 Ventura, LP/Jamison Services. Lee & Associates’ Scott Romick, Darren Casamassima, Jay Rubin and Scott Silverstein represented both parties in the transaction.

“The pandemic changed the way tenants look at office space and their needs,” said Romick. “This building will be a great example of a well-managed, Class B suburban building that makes for great office space. Its new owner has already begun renovations including spec suites to make the building even more appealing to the community.”

The property is situated in the “Reimagine Ventura” neighborhood, a local initiative which will support local businesses and residents with new retail and food establishments, additional parking, enhanced landscaping and pedestrian improvements.

Lee & Associates’ Romick, Casamassima and Rubin will also serve as leasing agents for My Properties Group.

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