MWest Holdings Announces Sale Of 71K SF Commercial Building In Toluca Lake For Over $21M
Summary
"The sale of this asset is a result of our core strategy to continue our expansion of multifamily properties," said Karl Slovin, President of MWest Holdings.The company specializes in enhancing classic, core-plus and value-add properties, as well identifying opportunistic strategies that showcase fine or historic architecture and invigorate the culture and aesthetics of communities they serve.As a highly successful and stable owner and operator of real estate, MWest has continually employed sound business practices, low leverage and stringent underwriting guidelines for each investment opportunity.The companys success is anchored in a philosophy that imagination is the only limiting factor to growth.Related Links LOS ANGELES, May 23, 2018 /PRNewswire/ -- MWest Holdings, a Los Angeles-based real estate and investment firm with over 2 million square feet of residential and commercial property across the U.S., today announced the sale of 4130 Cahuenga Boulevard, a 71,308 square foot office building in Toluca Lake, CA for $21.7 million, $304.75 per square foot.