Joint Venture Buys 1.21-Acre Multifamily Development Site in Woodland Hills for $7.2MM

Los Angeles –– CBRE brokered the sale of 6036 Variel Avenue in Woodland Hills, a 1.21-acre multifamily mixed-use development site within Warner Center, for $7,200,000 which equates to $137 per square foot for the land. CBRE's Laurie Lustig-Bower and Kamran Paydar represented the seller, a private investor. The property was purchased by a joint venture […]