Trades

Chatsworth Residential Property Trades for $107M

A 280-unit luxurious multifamily group situated within the foothills of the Santa Susana Mountains in Chatsworth offered for $107 million. Institutional Property Advisors, a subsidiary of Calabasas-based main business actual property brokerage agency Marcus & Millichap, closed the deal on the asset, which is named Summerset Village. “Effectively maintained by an institutional proprietor for over … [Read more…]

172,000 SF: Retail Heart Trades Arms

Calabasas-based NewMark Merrill Cos. Inc. has acquired a 172,000-square-foot retail procuring heart in Thousand Oaks. NewMark Merrill bought the asset, which it renamed The Assortment at Janss Market, from Seritage Retail Group. It’s adjoining to Janss Market, a 458,000-square-foot procuring heart that Newmark Merrill additionally owns. The corporate is now accountable for the oversight of … [Read more…]