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T.C. Macker Facilitates $31.5M Sale Of Development Site In Santa Monica

Property Image
SOLD
$31,500,000

California

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Development Site55,000 SF
Sold 07/15/2020
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Property Image
SOLD

T.C. Macker Facilitates $31.5M Sale Of Development Site In Santa Monica

2501 Wilshire Boulevard

See Similar Deals
Development Site55,000 SF
Sold 07/15/2020
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$572
Total Square Footage:55,000 SF
Transaction Type:Sale

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.

Players

T.C. Macker
WESTMAC Commercial Brokerage Company
T.C. Macker
65 deals$483.6M volume(310) 966-4352
BROKER

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: $572

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