Many memories in that building when it was the Weider Headquarters out in Woodland Hills... but with AMI buying the magazines a while back, and consolidated it, the Weider offices closed more than 5 years ago. I still have pictures from the last day in the offices.
Vacant Woodland Hills office building sells for $12.7 million
A limited liability corporation has purchased a Woodland Hills office building for $12.7 million with plans to use the property as a medical laboratory and flagship corporate location. The 41,058-square-foot office building at 21100 Erwin St. had been sitting vacant for five years, according to Chase Cohen, an associate in Marcus & Millichap’s Encino office, which brokered the sale. “We generated multiple offers and the sale closed at $115,000 above the list price, achieving one of the highest prices per square foot of any office building larger than 20,000 square feet to sell in the Warner Center submarket in the past two years,” he said.
In marketing the property, Marcus & Millichap brought in potential buyers from a variety of industries, including entertainment, medical, hospitality and manufacturing. But 21100 Erwin St. LLC ultimately emerged as the buyer. Built in 1971 and previously the home of Weider Health & Fitness, the property is on a one-acre parcel at the corner of Variel Avenue and Erwin Street, directly across from the Q East mixed-use development project. Cohen and four coworkers at Marcus & Millichap represented the seller, Warner Center Building LLC, and 21100 Erwin St. LLC was represented by T.C. Macker of Westmac.
https://www.dailynews.com/2020/05/13/vacant-woodland-hills-office-building-sells-for-12-7-million/?fbclid=IwAR3FN_lStvdQZbyUiZQtx24Jv2kq84MAFaTw_LM9rbkiTl7dnMu46ttYiDs