owner-user office building sale

T.C. Macker PR releases

Just Sold: $2.3M Office Building in West Los Angeles


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Los Angeles, CA – A private seller has sold a two-story West Los Angeles office building in a $2,300,000 off-market deal.

Located at 2330 Westwood Boulevard, the 4,788-square foot, multi-tenant office building was sold at $480 per square foot. Nestled along Westwood Boulevard between major thoroughfares Olympic and Pico Boulevard, the 6,480-square foot lot houses several Mom and Pop tenants.

Abundant walkable store-lined streets and an affluent residential demographic make West Los Angeles a popular retail and office submarket. “West Los Angeles is a highly desirable area for commerce,” said T.C. Macker, CCIM. “A great fit for the buyer who purchased the building as an owner-user.”

T.C. Macker, CCIM and Christian Holland of Coldwell Banker Commercial WESTMAC represented the seller. Eric Sackler of Coldwell Banker Commercial NRT represented the buyer.

T.C. Macker PR releases

Coldwell Banker Commercial WESTMAC sells owner/user building near Downtown Los Angeles


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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $1.625 MILLION OFFICE SALE TO USER NEAR DOWNTOWN LOS ANGELES

LOS ANGELES, CA – A national magazine publisher has sold its Los Angeles office building at 2401 Beverly Boulevard for $1,625,000 to an owner/user entertainment production company which will occupy the building.

“We sold the building next door for the same owner last year.” Michael Rojas said. The building size is 9,900 Square Feet and sits on a 24,524 Square Foot lot. And Mr. Rojas added “Additionally, the property is located near Downtown and the Downtown Center Studios.”

The team of Michael Rojas, <a href=”mailto:althouse, and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller, 2401 Beverly LLC. Bob Pearson of Madison Partners represented the buyer, Beverly and Rampart LLC.

About Coldwell Banker Commercial WESTMAC and affiliates

Coldwell Banker Commercial WESTMAC is a Los Angeles based commercial real estate brokerage firm founded in 1988 by one of L.A.’s most recognized commercial real estate brokers Timothy C. Macker. Our firm is a full service real estate company that provides exemplary consultation, advisory and marketing services to property owners, users, developers and investors. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

Our 30+ professionals specialize in four distinct market niches: office, industrial, retail and multi-family properties. Among the primary services the firm provides are exclusive marketing of both for-sale and for-lease properties, representation of tenants seeking to lease commercial space, and consultation to real estate investors, developers and owners on the disposition or acquisition of commercial property.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”