GD Realty Group Acquires Mixed-Use Property In Santa Monica, CA For $16.5M

Located at 3032 Wilshire Blvd in Santa Monica, CA, this mixed-use property has recently been sold in a transaction. The property spans 12,000 square feet and was sold for a total price of $16,500,000, resulting in a price per square foot of $1,375. The sale took place on 10/12/2022.

Summary of transaction details

• Property Type: Mixed-use
• Sale Price: $16,500,000
• Square Footage: 12,000
• Price per Square Foot: $1,375
• Address: 3032 Wilshire Blvd, Santa Monica, CA
• Market: Santa Monica, CA

The buyer of this property is GD Realty Group, represented by Arash Danialifar. On the seller's side, Strategic Realty Trust facilitated the transaction. Tim Kuruzar and Bryan Ley from JLL acted as the brokers for this deal.

Note: No other additional information has been provided about this transaction.