Safco Acquires Office Building On Santa Monica Blvd In Los Angeles For $11.6M

The office property located at 11030 Santa Monica Blvd in Los Angeles was recently sold in a transaction. The sale took place on November 4, 2020. The property was listed for a total price of $11,550,000, with a square footage of 21,736. The price per square foot for this transaction was $531.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $11,550,000

Safco was the buyer in this transaction. The buyer was represented by David Maghen, Omid Broukhim, and Peyman Zargari of Fact Realty, who are affiliated with MIP Investment Corp. These individuals played a key role in facilitating the purchase of the property.