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David Zander Acquires Office Property In Santa Monica For $20.2M With Brad McCoy, David Wilson & George Wilson - Lee & Associates

Property Image
SOLD
$20,200,000
David (Dave) Wilson
Brad McCoy
+ 1

California

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Office38,670 SF
Sold
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SOLD

David Zander Acquires Office Property In Santa Monica For $20.2M With Brad McCoy, David Wilson & George Wilson - Lee & Associates

1630 12th Street

See Similar Deals
Office38,670 SF
Sold
David (Dave) Wilson
Brad McCoy
+ 1
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$522
Total Square Footage:38670 SF
Transaction Type:Sale

An office property located at 1630-1638 12th Street in Santa Monica has been sold for a total price of $20,200,000. The property spans across 19,335 square feet, resulting in a price per square foot of $1,045. It was acquired by David Zander from the seller, Steaven Jones Development Company.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $20,200,000
  • Square Footage: 19,335 sqft
  • Price per Square Foot: $1,045
  • Address: 1630-1638 12th Street, Santa Monica
  • Buyer: David Zander
  • Seller: Steaven Jones Development Company
  • Buyer's Representative: Brad McCoy, David Wilson, and George Wilson - Lee & Associates

Brad McCoy, David Wilson, and George Wilson from Lee & Associates served as the buyer's representatives in this transaction. The deal involved the purchase of an office property in Santa Monica by David Zander from Steaven Jones Development Company. The property, located at 1630-1638 12th Street, spans across 19,335 square feet and was sold for a total price of $20,200,000 at a price per square foot of $1,045.

Players

Brad McCoy
44 deals$631.9M volume
BROKER

David (Dave) Wilson
Lee & Associates
33 deals$558.8M volume
BROKER

George Wilson
Lee & Associates
14 deals$175.2M volume
BROKER

David Zander
11 deals$261.1M volume
BUYER

SELLER

Details

SOLD
IMAGE: Brad McCoy, David Wilson & George Wilson DATE: 09/26/2023 ADDRESS: 1630-1638 12th Street MARKET: Santa Monica ASSET TYPE: Office BUYER: David Zander SELLER: Steaven Jones Development Company BUYER'S REP: Brad McCoy (@BradfordMccoy) , David Wilson (@CreativeOffice365) & George Wilson (@Og_GeorgeWilson) - Lee & Associates (@LeeWestLA) SALE PRICE: $20,200,000 SF: 19,335 ~ PPSF: $1,045

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Debt Service Coverage Ratio (DSCR)

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