DIMTAM, LLC Acquires Office Property in Warner Center
Woodland Hills, California (May 26, 2017) – DIMTAM, LLC, announced it has acquired 5959 Topanga Canyon, CA. The buyer was represented by Michael Neil, Senior Vice President and Greg Barsamian, Managing Principal at Coldwell Banker Commercial Advisors (CBC Advisors) of Glendale. The Seller, Younan Properties, was represented by Mark Perry of CBRE.
“DIMTAM is pleased to expand its ownership presence in Warner Center and appreciates the opportunity provided by CBC Advisors. Warner Center is in transition with new office, residential and retail projects in development that will provide upside to the project by capturing some of the tenants that will need to relocate or expand in the area,” commented Dimitri Dimitri, Managing Partner at DIMTAM.
“CBC Advisors is pleased to have had the opportunity to provide consultation and brokerage services to DIMTAM that allowed them to fulfill their financial goals,” commented Mike Neil and Greg Barsamian at CBC Advisors.
5959 Topanga Canyon is a 64,000 square-foot three-story building perched on a knoll overlooking the heart of Warner Center. The property is walking distance to some of the best restaurants and retail in the west San Fernando Valley.
As a full-service commercial real estate brokerage, CBC Advisors represents world-class office, retail, investment, industrial and multifamily projects while providing institutional-grade asset services nationwide. More than 500 CBC Advisors professionals advise clients from 30 offices coast to coast.
About Coldwell Banker Commercial Advisors
Coldwell Banker Commercial Advisors (CBC Advisors) is the largest Coldwell Banker Commercial organization gloabally and has maintained its designation as the top-performing affiliate in the world for 13 consecutive years. With over 500 professionals in 30 offices spanning New York to Los Angeles and from Miami to Anchorage, CBC Advisors provides the most technologically advanced and dynamic platform in the industry. For more information visit www.cbcadvisors.com.
Bryan Welch, Chief Communications Officer
Coldwell Banker Commercial Advisors
1407 Broadway, 28th Floor/New York, NY 10018