The recently closed property transaction in Santa Monica involved the sale of a development site located at 1807 Broadway and 1449 18th Street. The property, which was unimproved land currently used as parking, was purchased by Green Bus, an owner-user. The transaction took place on 9/30/2020.

Summary of transaction details:

• Property Type: Dev Site
• Transaction Amount: $7,298,000
• Buyer: Green Bus
• Seller: Harold Donald Kidson & Sally H. Kidson Revocable Trust
• Buyer's Representative: John Bertram - Savills
• Seller's Representative: T.C. Macker & Jennifer Moscoso - WESTMAC Commercial Brokerage Company
• BSF (Building Square Footage): 15,000
• PPBSF (Price per Building Square Foot): $486

The buyer's representative in this transaction was John Bertram from Savills, while the seller's representatives were T.C. Macker and Jennifer Moscoso from WESTMAC Commercial Brokerage Company. For more information, interested parties can reach out to T.C. Macker ([email protected]) or Jennifer Moscoso ([email protected]).