The transaction is one of the largest leasing deals signed in the San Fernando Valley this year. Sun America is amending its 1997 lease in the newest building of the Warner Center, which was erected in 1995. It is a 605,000-sf, 25-story office building that is currently 97% leased.
The Warner Center features office and industrial buildings built over a series of phases between 1982 and 1995. It is comprised of an inventory of roughly 2.3 million sf over 21 different class and type buildings.
Sun America was represented by Jim Travers and Lawson Martin of Travers Realty. AEW was represented in the transaction by Dave Sollmon, Bill Inglis and Don Hudson of CB Richard Ellis, in an office located at the Warner Center.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.