LAURUS CORPORATION BUYS MARRIOTT WARNER CENTER HOTEL IN WOODLAND HILLS
LOS ANGELES — Laurus Corporation has acquired the 474-room Marriott Warner Center hotel in the Los Angeles submarket of Woodland Hills for an undisclosed sum. The 16-story, full-service hotel is located at 21850 Oxnard Street.
The hotel is situated within the pre-planned Woodland Hills/Warner Center development, a corporate hub with more than 10.3 million square feet of office space. It is one of the largest office submarkets in the Greater Los Angeles area.
Marriott Warner Center hotel also sits directly adjacent to the 614,400-square-foot Westfield Promenade mall and the 1.6-million square-foot Westfield Topanga Shopping Center.