The office property located at 2969 Wilshire Boulevard in Los Angeles was successfully sold in a closed transaction. The asset spans 26,075 square feet and was sold for $13,250,000, equating to a price per square foot of $508. The sale was between the buyer, Carlos Vaquerano, and the seller, Robert MacLeod. The transaction was facilitated by the brokers Jay Martinez and Connor MacLeod from Kidder Mathews, representing the respective parties.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $13,250,000
• Address: 2969 Wilshire Boulevard
• Market: Los Angeles
• Buyer: Carlos Vaquerano
• Seller: Robert MacLeod
• Brokers: Jay Martinez & Connor MacLeod - Kidder Mathews
• Square Footage: 26,075
• Price Per Square Foot: $508

The sale of the office property at 2969 Wilshire Boulevard in Los Angeles was notable for being an all-cash transaction, with a ULA non-profit exemption in place. The property was sold at the list price, showcasing a straightforward and efficient deal between the parties involved.