Owner-User Buys 50,136 SQFT Encino Crossing II Office Building for $12.5MM

A business buyer pays about $249 per square foot for the 62 percent leased, renovated building on Balboa Boulevard, securing room to grow in one of the San Fernando Valley’s lower-vacancy submarkets. An owner-user has paid $12.5 million for Encino Crossing II, a three-story office building on a transit-oriented campus in Encino. The deal is […]