Buck Design Acquires Downtown Los Angeles Office Building For $26.5M

The recently closed transaction in Downtown Los Angeles involved the sale of an office property located at 120 S. San Pedro St. The property spans an area of 79,242 square feet and was sold for a total price of $26,540,000, resulting in a price per square foot of $334.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $26,540,000
• Address: 120 S. San Pedro St.
• Market: Downtown Los Angeles

The buyer in this transaction was Buck Design, while the seller was Brickstar Capital. Representing the buyer were Jack Cline, Evan Jurgensen, and Doug Cline from Lee & Associates. On the seller's side, Taylor Watson, Brad Chelf, Phillip Sample, and Chris Caras from CBRE served as the representatives.