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LA Deal Highlight: Real Estate Investment Company Signs on Ventura Boulevard in Sherman Oaks

From time to time, we like to highlight recent deals from the CompStak database that we find interesting. We hope you will find the information helpful.

13949 Ventura Boulevard in Sherman Oaks

Sherman Oaks: Real Estate Investment Company Signs on Ventura Boulevard

A real estate investment company has new contact information effective January 13, 2014. The new lease, signed at the end of 2013 is for a 5,024 SF office space at 13949 Ventura Boulevard in Sherman Oaks. They will be paying full service rent in the $2.10-$2.30 range PSF for about three years. The rent may seem slightly above the average for the San Fernando Valley submarket, which was over $2.00 PSF over the past year. Buildings along Ventura Boulevard, however, typically achieve higher than average rent for the area, and such was the case with a production studio's lease for over $2.50 PSF in starting rent from earlier in 2013.



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