Colliers Completes $9.5 Million Sale of Calabasas Office Building to Major Property and Casualty Insurance Company

“This transaction is indicative of the recovering office market in Calabasas and the west San Fernando Valley, in general, and demonstrates that demand from owner/user buyers is strengthening in this area,” Gould said. “We are seeing major tenants acquire and occupy buildings so they can fix their long-term occupancy costs in a market where office rents are rising.”
Link to PDF Article