Sonoma Gardens in Sherman Oaks, CA Commands $9.4M in Transaction Arranged by Marcus & Millichap

                  

 SHERMAN OAKS, Calif., September 17, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of Sonoma Gardens, (top left photo)  a 74-unit apartment building located in Sherman Oaks. The asset commanded a sales price of $9.4 million.

Greg Harris, (middle right photo) an executive vice president investments and senior director of Marcus & Millichap’s National Multi Housing Group in Encino, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

The buyer, a partnership, was secured and represented by Matt Ziegler (bottom left photo), a vice president investments in the Encino office, and senior associate Mike Millea, in the Long Beach office.

  Danny Abergel, an associate director in the Encino office of Marcus & Millichap Capital Corporation (MMCC), arranged acquisition financing for this transaction.Sonoma Gardens is located at 14355 Huston St. in Sherman Oaks, which is located in the San Fernando Valley.

Contact: Stacey Corso

Public Relations Manager

(925) 953-1716