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Commercial Real Estate | IN BRIEF / Commercial Real
Estate

Douglas Emmett Buys Sherman Oaks Complex

May 08, 2001|A Times Staff Writer

Los Angeles-based Mani Brothers Real Estate Investment has sold a 60,000-square-foot office building in Sherman Oaks to Douglas Emmett Realty for $12.5 million.

The four-story building on Ventura Boulevard is anchored by Sanwa Bank and has about 20 other tenants.

Bob Safai of Madison Partners represented Mani Brothers in the sale.

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