Douglas Emmett Buys Sherman Oaks Complex
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.