Warner Marketplace, a 160,075-square-foot open-air shopping center, recently sold in Canoga Park, Calif.

The value of the transaction was $52 million.

Located in the San Fernando Valley, a submarket of Los Angeles, Warner Marketplace is a single-story retail center that was 100 percent leased at the time of sale to tenants such as Bed, Bath & Beyond, Borders, Pier 1 Imports, Sportsmart and BevMo. Warner Marketplace is located at 6530 Canoga Ave.

Colliers Seeley International Inc., which offers commercial real estate services throughout Southern California, represented both the buyer, UBS Realty Investors, and the seller, Bisno Development Co., in the transaction.


What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top