Maxxam sold a 108,000 square feet multi-tenant office building in the Warner Center.
The property address is 6200 Canoga Ave., between Oxnard St. and Victory Blvd. The building is four stories on 2 acres of land and is serviced by a seven-level parking structure containing 418 spaces. Madison Partners Bob Safai, Matt Case, and Brad Schlaak represented the seller. Mark Esses of California Realty group represented the buyer, Gelb
Enterprises, who will relocate their headquarters to the building. In a separate transaction, Gelb sold a shopping center in the Valley for $23 million to Harridge Development Group, who plans to build a mixed-use project containing of 440 residential units and 60,000 square feet of retail. Esses was the listing broker in this deal.