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Westgate Group Sells Sherman Oaks Multifamily

Magnolia Boulevard Apt. Complex Trades for $23 Million
By Arlene Klausen
July 7, 2010 | 3:49 P.M.

Westgate Group Inc. sold the multifamily building at 15357 Magnolia Blvd. in Sherman Oaks, CA, to AJR Investment Partnership LP for $23 million, or about $234,694 per unit. It is the largest multifamily transaction in the San Fernando Valley so far this year.

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