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Elkins Kalt LLP Acquires Bebe Store's Century City Office Building For $28.5M

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SOLD
$28,500,000

California

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Office46,685 SF
Sold
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SOLD

Elkins Kalt LLP Acquires Bebe Store's Century City Office Building For $28.5M

10345 West Olympic Boulevard, Century City, Los Angeles, CA, USA

See Similar Deals
Office46,685 SF
Sold
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$610
Total Square Footage:46685 SF
Transaction Type:Sale

Manny Mashouf, Andrew Gharibian, and Jeffrey Resnick were involved in a closed property transaction that took place on May 22, 2018. The property in question is an office located at 10345 W Olympic Blvd in Century City. The transaction involved the sale of the office building for a price of $28,500,000. The total square footage of the property is 46,685, resulting in a price per square foot of $610. Additionally, there are 400 units within the office building, with a price per unit of $250,000. The seller of the property was Manny Mashouf, the owner of Bebe Store. The buyer was Elkins Kalt LLP, a law firm represented by Keith Elkins and Scott Kalt. The deal was facilitated by brokers Andrew Gharibian and Jeffrey Resnick of First Property.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $28,500,000
  • Address: 10345 W Olympic Blvd
  • Market: Century City
  • Square Footage: 46,685
  • Price per Square Foot: $610
  • Units: 400
  • Price per Unit: $250,000
  • Seller: Manny Mashouf
  • Buyer: Elkins Kalt LLP (Law Firm) - Keith Elkins & Scott Kalt
  • Broker: Andrew Gharibian and Jeffrey Resnick

It is worth noting that Jeffrey Resnick and Andrew Gharibian of First Property acted as the representatives for both the buyer and the seller in this transaction.

Players

Andrew Gharibian
5 deals$75.9M volume(310) 927-3398
BROKER

Jeffrey Resnick
Commercial Asset Group
4 deals$53.5M volume
BROKER

Details

SOLD
IMAGE: Manny Mashouf, Andrew Gharibian and Jeffrey Resnick DATE: 05/22/2018 ADDRESS: 10345 W Olympic Blvd MARKET: Century City ASSET TYPE: Office PRICE: $28,500,000 SF: 46,685 ~ PPSF: $610 UNITS: 400 ~ PPU: $250,000 SELLER: Bebe Store’s Manny Mashouf BUYER: Elkins Kalt LLP (Law Firm) - Keith Elkins & Scott Kalt BROKER: Andrew Gharibian and Jeffrey Resnick NOTES: Jeffrey Resnick and Andrew Gharibian of First Property represented both buyer and seller in the sale of publically traded BEBE STORES HQ office building.

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