Spectrum Commercial Real Estate Just Closed $7.1 Million Off-Market Sale of a Corporate Image Office Building in Santa Clarita, CA
Santa Clarita, CA – October 17, 2022 – Senior Vice President Matt Sreden of Spectrum Commercial Real Estate, Inc., is pleased to announce the off-market sale of a landmark office building located at 25101 The Old Road, Santa Clarita, California 91381.
This two-story, state-of-the-art office building, which can be seen from the 5 freeway, is located along the major thoroughfare of The Old Road and boasts 23,388 square feet of office space. The facility is comprised of a diverse mix of 90 private offices, features contemporary architecture, and is illuminated with plenty of natural sunlight. Common areas and individual suites alike share panoramic views of the Santa Clarita Valley and the local Towsley Canyon Hills.
The Buyer, 360 Executive Suites SCV, has now acquired five properties in Santa Clarita, offering a total of 49,130 square feet, which amounts to 164 private suites throughout the Santa Clarita Valley. Built in 1998, the new owner plans to modernize the building to further accommodate the increased demand for executive suite space. Upon completion, this location is ideal for executive suite users who want to expand their reach and grow with Santa Clarita’s flourishing commerce.
The building sold for $7,100,000.00 with Matt Sreden of Spectrum CRE™ representing the Buyer in the transaction.
For further information contact Matt Sreden, Senior Vice President, Spectrum CRE.