Embarcadero Capital Partners Acquires Low-Rise Office In LA For $11.6M

The low-rise office building located at 5600 W. Centinela Ave in LA has been sold in a closed transaction. The property spans over 19,703 square feet and was sold for a price of $11,600,000, resulting in a price per square foot of $588. The buyer of the property is Embarcadero Capital Partners, while the seller is Bergelectric.

Summary of transaction details

• Property Type: Low-rise office
• Transaction Amount: $11,600,000
• Address: 5600 W. Centinela Ave, LA
• Square Footage: 19,703
• Price per Square Foot: $588
• Buyer: Embarcadero Capital Partners
• Seller: Bergelectric

Sam Hooker and Edward P. Billig facilitated the sale of the property as representatives of Embarcadero Capital Partners. The transaction between the buyer and seller was successfully completed, solidifying the deal for the low-rise office building on Centinela Ave in LA.