THE VILLAS AT SHERMAN PLACE SELLS FOR $12.8M

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WEST HILLS, CALIF. – The 39-unit Villas at Sherman Place in West Hills has sold for $12.8 million. Located at 23130 Sherman Place, the Villas was completed in late 2010. It was delivered completely vacant, allowing the new owner, a publicly traded company based out of Los Angeles, the flexibility to either sell the units individually or lease them as townhome apartments. Kitty Wallace of Colliers International’s West Los Angeles office represented both the buyer and the seller, Quality Properties Asset Management Company.

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