Stockdale Capital Partners Sells Medical Office In Beverly Hills & Santa Monica For $156M

Two medical office properties have recently been sold in Beverly Hills and Santa Monica. The first property, located at 9090 Wilshire Blvd. in Beverly Hills, was sold by Stockdale Capital Partners, represented by Dan Michaels. The second property, located at 2025 Santa Monica Boulevard in Santa Monica, was sold for a total of $156,000,000. The transaction was facilitated by Chris Bodnar of CBRE. The total square footage of the properties is approximately 107,000, with a price per square foot of $1,4557.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $156,000,000
• Address 1: 9090 Wilshire Blvd., Beverly Hills
• Address 2: 2025 Santa Monica Boulevard, Santa Monica
• Market 1: Beverly Hills
• Market 2: Santa Monica
• Seller: Stockdale Capital Partners - Dan Michaels
• Broker: Chris Bodnar - CBRE

This transaction involved the sale of two medical office properties, one situated in Beverly Hills and the other in Santa Monica. The sale was brokered by Chris Bodnar of CBRE, representing the seller, Stockdale Capital Partners. The properties were sold for a combined total of $156,000,000 and have a total square footage of approximately 107,000. The sale price per square foot was $1,4557.