Waterbridge Capital Acquires Office Building In Los Angeles For $110M

The office building located at 445 S Figueroa St in Los Angeles has been sold in a recent transaction. The property, spanning 701,888 square feet, was purchased by Waterbridge Capital from KBS Realty for a total of $110,000,000. The sale price reflects a price per square foot of $157.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $110,000,000
• Address: 445 S Figueroa St, Los Angeles
• Market: Los Angeles
• Buyer: Waterbridge Capital
• Seller: KBS Realty

The transaction was facilitated by the brokers Mike Condon Jr. and Erica Finck from Cushman & Wakefield, as well as Kevin Shannon from Newmark. They played a crucial role in connecting the buyer and the seller, ensuring a successful deal.