Bell Partners has acquired Hanover Warner Center through its Bell Core Fund I as part of the company's West Coast expansion. The 352-unit apartment building was built in 2020 and is located in the San Fernando Valley submarket of Los Angeles. Bell Partners has rebranded the property Bell Warner Center.

The property is notable because of its proximity to job centers in Woodland Park, Thousand Oaks and Burbank. These markets are hubs for life science, content creation and other major industries in Los Angeles. Intuit, Blackline, AMC Networks, Warner Bros., Netflix and Morgan Stanley are all major employers in the area.

Bell Warner Center is amenitized with executive conference and meeting rooms, a 24-hour fitness center, a controlled-access parking garage and a community atrium with an outdoor café and fire pit. Nickolay Bochilo, EVP of Investments at Bell Partners said the property is well positioned to benefit from changing migration patterns to suburban markets.