Pendulum Property Partners Acquires 3000 S Robertson Blvd Los Angeles From Edge Principal Advisors For $55.9M

An office building located at 3000 S Robertson Blvd, Los Angeles has been sold for $55,900,000. The property encompasses 111,384 square feet of office space and is situated in the Los Angeles market. Key tenants occupying the building include Kaiser Permanente and WeWork.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $55,900,000.00
• Address: 3000 S Robertson Blvd, Los Angeles
• Square Footage: 111,384
• Seller: Edge Principal Advisors
• Buyer: Pendulum Property Partners
• Seller's Representative: Greg Grant - Remax

The transaction was facilitated by a partnership between Pendulum Property Partners and Long Wharf Capital. The property was sold by Watt Properties and Edge Principal Advisors in an off-market deal. The transaction involved a CBRE team comprising Mike Longo, Todd Tydlaska, Sean Sullivan, and Greg Grant, who also secured acquisition financing for the buyer from a regional bank.