Nathan Lowenstein & James Leatherwax Acquire Santa Monica Office Building For $5.9M

1012-1016 Pico Blvd. in Santa Monica has been sold in a closed transaction. The property is an office asset, spanning 7,482 square feet. The sale took place on July 21, 2021. The buyers of the property are Nathan Lowenstein and James Leatherwax, while the sellers are Sean Alatorre and Ryan Cramer. The transaction was facilitated by the brokerage firm Kidder Mathews, with John Anthony, Chris Steck, and Chris Giordano representing the buyers. On the seller's side, Travis Forster, Christopher Drzyzga, and April Foster from Voit provided representation. The final sale price for the property was $5,985,600, resulting in a price per square foot of $800.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $5,985,600
• Address: 1012-1016 Pico Blvd., Santa Monica
• Market: Santa Monica

This transaction involved several key individuals and companies. Nathan Lowenstein and James Leatherwax served as the buyers, while Sean Alatorre and Ryan Cramer acted as the sellers. John Anthony, Chris Steck, and Chris Giordano from Kidder Mathews represented the buyers, and Travis Forster, Christopher Drzyzga, and April Foster from Voit represented the sellers. The deal was closed successfully, resulting in the sale of the office property.