Coldwell Banker Commercial Relocates San Fernando Valley Law Firm In $2.6m Deal With 1031 Exchanges
NORTHRIDGE, CALIF. (Oct. 11, 2024) – Coldwell Banker Commercial Quality Properties is proud to announce the $2.6 million sale of 8727 Tampa Avenue in Northridge, a multi-tenant office/retail space in the San Fernando Valley. The approximately 10,000 square-foot space was formerly a law office and retail space.
Arthur Pfefferman of Coldwell Banker Commercial Quality Properties represented the sellers. “This was a long-standing relationship where partners in a law firm occupied a 5,000 square-foot location at 8727 Tampa Ave. One partner retired; the other continued on with other partners. We relocated the law firm, Volchok, Volchock & Swire, to a new office space of approximately 2,710 square-feet at 6200 Canoga Ave. in Woodland Hills. We redeployed the seller funds to a 1031 upleg,” said Pfefferman.
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Quality Properties, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.
Media Contact:
Kevin Guhl
Email: kevin.guhl@cbhomeoffice.com
Phone: 973-407-5916
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