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IMT Westlake Village Apartment Complex in Los Angeles Sells for $88.2M

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IMT Westlake Village was built in 1971." /> IMT Westlake Village was built in 1971. LOS ANGELES — A 1031 exchange investor has acquired the 253- unit IMT Westlake Village in Los Angeles for $88.2 million. The community is located at 603 Hampshire Road in the Westlake Village submarket . IMT Westlake Village was built in 1971. Notable employers in the area include Amgen , the Dole Food Co., Kythera Biopharmaceuticals, General Dynamics Corp ., J.D. Power & Associates, Teledyne Technologies Inc., ValueClick, Verizon and Volkswagen. Greg Harris, Kevin Green and Joseph Grabiec of Institutional Property Advisors represented both the buyer and seller, IMT Capital LLC , in this transaction. Tagged sales_and_leases