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Granite Sells Burbank Office Tower for Nearly $91 Million | San Fernando Valley Business Journal

Cantor Fitzgerald pays record pricing for CA life science building

Cantor Fitzgerald pays record pricing for CA life science building
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Even in COVID Slowdown, Simi Valley Office Building Fetches $30 Million | San Fernando Valley Business Journal

450 America St. in Simi Valley. Despite a waning appetite for office space during the pandemic, an office building in Simi Valley has sold for $30 million, according to Newmark, a real estate brokerage involved in the deal. The 206,917-square-foot structure, which is 100 percent leased to Bank of America, is located at 450 America St. The two-story edifice, situated on some 12.5 acres of business campus, features abundant parking, four lobbies and on-site café. The building also incurred some post COVID-19 improvements such as expansive ceilings and operable doors to improve airflow. Geographical amenities include access to the 118 freeway and neighboring retail centers such as Simi Valley Town Center and Mountain Gate Plaza.

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