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Invesco Sells Five-Building Westlake Park Place Office Campus in California for $80.8M

Westlake-Park-Place-Westlake-Village-CA

Westlake Park Place in Westlake Village, Calif., features five buildings offering a total of 239,003 rentable square feet of office space.

WESTLAKE VILLAGE, CALIF. — Invesco Real Estate has completed the disposition of Westlake Park Place, a five-building office campus located in Westlake Village. A partnership between Amstar and Searles Property Group purchased the asset for $80.8 million.

Delivered in 2008, Westlake Park Place features 239,003 rentable square feet of office space. At the time of sale, the property was 85 percent leased to a diverse mix of tenants.

Kevin Shannon, Rob Hannan, Ken White and Laura Stumm of Newmark represented the seller in the deal.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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