Trades
172,000 SF: Retail Center Trades Hands
Calabasas-based NewMark Merrill Cos. Inc. has acquired a 172,000-square-foot retail shopping center in Thousand Oaks. NewMark Merrill purchased the asset, which it renamed The Collection at Janss Marketplace, from Seritage Retail Group. It is adjacent to Janss Marketplace, a 458,000-square-foot shopping center that Newmark Merrill also owns. The company is now responsible for the oversight […]
Chatsworth Residential Property Trades for $107M
A 280-unit luxury multifamily community located in the foothills of the Santa Susana Mountains in Chatsworth sold for $107 million. Institutional Property Advisors, a subsidiary of Calabasas-based leading commercial real estate brokerage firm Marcus & Millichap, closed the deal on the asset, which is called Summerset Village. “Well maintained by an institutional owner for over […]