Updated Oct 9, 2026
The Law Collective Acquires Medical Office At 8737 Beverly Boulevard For $18.73M
8737 Beverly Boulevard
$18,726,000
$666/SF
Building Size
28,080 SF
Asset Type
Medical Office
Closing
Sep 18, 2026
About this deal
AI
The property involved in this transaction is a medical office located at 8737 Beverly Boulevard in West Hollywood. The sale was completed for a price of $18,726,000, encompassing a total square footage of 28,080, which calculates to a price per square foot of $666.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $18,726,000
- Address: 8737 Beverly Boulevard
- Market: West Hollywood
- Square Footage: 28,080
- Price Per Square Foot: $666
- Buyer: The Law Collective
- Seller: Palace Investment Co Inc
- Buyer's Representative: Eric Sackler - Coldwell Banker Commercial
- Seller's Representatives: Lauren Aboulafia, Seth Grossman - Conroy Commercial; Corey Spound - Tamarack RES, Inc
This transaction had significant participation from key representatives in the industry. Eric Sackler of Coldwell Banker Commercial represented the buyer, The Law Collective, while the sellers, Palace Investment Co Inc, were represented by a team consisting of Lauren Aboulafia and Seth Grossman from Conroy Commercial, along with Corey Spound from Tamarack RES, Inc.
On the Map
$18,726,000
$666/SF
Medical Office
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Players
West Hollywood Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93