SOLD
T.C. Macker Facilitates $31.5M Sale Of Development Site In Santa Monica
2501 Wilshire Boulevard
Development Site
55,000 SF
55,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Development Site
55,000 sqft
A development site in Santa Monica, located at 2501-2525 Wilshire Blvd., 1143, 1145 & 1151 25th St., 1142, 1148, & 1156-58 26th St., has been sold for a total of $31,500,000. The property spans approximately 55,000 square feet, with a price per square foot of $572. The transaction took place on July 15, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $31,500,000
- Address: 2501-2525 Wilshire Blvd., 1143, 1145 & 1151 25th St., 1142, 1148, & 1156-58 26th St.
- Market: Santa Monica
- Size: 55,000 square feet
- Price per square foot: $572
The sale of this development site was facilitated by T.C. Macker from WESTMAC Commercial Brokerage Company.
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Details
SOLD
IMAGE: T.C. Macker
DATE: 07/15/2021
ADDRESS: 2501-2525 Wilshire Blvd., 1143, 1145 & 1151 25th St., 1142, 1148, & 1156-58 26th St.
MARKET: Santa Monica
ASSET TYPE: Development Site
BROKER: T.C. Macker (@WestLACRE) - WESTMAC Commercial Brokerage Company (@WESTMAC_CRE)
SALE PRICE: $31,500,000
LSF: 55,000 ~ PPLSF: $572View on map
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Address2501 Wilshire Boulevard
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