Leo Pustilnikov Acquires Retail/Office Property In Santa Monica For $11.2M

Located in Santa Monica, the retail/office property at 174 Kinney St. & 169-174 Pier Ave. has been sold in a closed transaction. The property spans 16,168 square feet and was sold for a price of $11,168,000, resulting in a price per square foot of $691. The deal was finalized on May 7, 2021.

Summary of transation details

• Property Type: Retail/Office
• Transaction Amount: $11,168,000
• Address: 174 Kinney St. & 169-174 Pier Ave., Santa Monica
• Market: Santa Monica

The buyer of the property is Leo Pustilnikov, while the seller is Liberty Fish Partners. The deal was facilitated by a team of brokers, including Dan Riley, Bill Durslag, and Simon Mattox from Simon Mattox, Austin Wolitarsky from Wallyboyuee, Kyle Woods from Kwoodz_, Sam Aaron from CBRE, and Austin Herlihy from Radius Group.