North Sea Capital Advisors Inc Acquires Office Building In LAX For $45M

The office property located at 5901 W. Century Blvd in the LAX market has been sold for a price of $45,000,000. The transaction took place on 10/09/2019 and the property encompasses a total area of 306,000 square feet. The sale price per square foot stands at $147. The sellers of the property were Roxborough Group & Ruth Group, while the buyer was North Sea Capital Advisors Inc.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $45,000,000
• Address: 5901 W. Century Blvd
• Market: LAX

The brokers involved in the deal were Kevin Shannon, Michael Moore, Ken White, Sean Fulp, David Milestone, and Brett Green from Newmark Knight Frank. They represented both the sellers and buyers in this transaction.