Montana Avenue Capital Partners Acquires Mixed-Use Property In Culver City For $14.85M
California
See Similar DealsMontana Avenue Capital Partners Acquires Mixed-Use Property In Culver City For $14.85M
5600 West Centinela Avenue
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The property involved in the transaction is a mixed-use asset located at 5600-5650 West Centinela Avenue in Culver City, Los Angeles, covering an area of 1.7 acres. The sale price of the property was $14,850,000, with a total square footage of 57,868, resulting in a price per square foot of $257.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $14,850,000
- Address: 5600-5650 West Centinela Avenue
- Market: Culver City, Los Angeles
- Square Footage: 57,868
- Price per Square Foot: $257
- Buyer: Jeremy K. Rogers - Montana Avenue Capital Partners
- Seller: Jeff Krasnoff - Rialto Capital
- Brokers: Kristen Bowman & Steve Solomon - Colliers
The transaction was brokered by Colliers, with Kristen Bowman and Steve Solomon representing the parties involved. The campus features open-plan spaces and is targeted to appeal to tenants in the tech, entertainment, or media sectors within the Silicon Beach market.
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