Donald Lam Of Sunny Hills Management Co. Acquires Office Campus In Culver City From New York Life Real Estate Investors

The property involved in this transaction is an office campus located at 400 & 600 Corporate Pointe in Culver City. The asset comprises two buildings with a total square footage of 461,960 and has been recently renovated for $18.7 million. It is currently leased to 35 tenants, indicating active occupancy in the space and reflecting steady office sales in the Los Angeles market, despite a broader price drop.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 400 & 600 Corporate Pointe
• Market: Culver City
• Asset Size: 461,960 SF
• Buyer: Donald Lam - Sunny Hills Management Co., Inc.
• Seller: Craig L. DeSanto - New York Life Real Estate Investors
• Brokers: Kevin Shannon, Ken White, Rob Hannan, Michael Moll, Laura Stumm, Alex Bergeson & Bill Bloodgood - Newmark
• Mortgage Brokers: Jonathan Firestone, Blake Thompson & Henry Cassiday - Newmark

This transaction highlights the involvement of multiple professionals and organizations. Donald Lam represents Sunny Hills Management Co., Inc., while Craig L. DeSanto represents New York Life Real Estate Investors. The brokerage services were provided by Newmark, with a team including Kevin Shannon, Ken White, Rob Hannan, Michael Moll, Laura Stumm, Alex Bergeson, and Bill Bloodgood. Financing support was provided by mortgage brokers from Newmark, including Jonathan Firestone, Blake Thompson, and Henry Cassiday.