SOLD
Newmark Facilitates Sale Of Culver City Office Building For $10M
5995 Sepulveda Boulevard
Office
27,090 SF
27,090 SF
Sold 64 days ago
Summary
Sale
CALIFORNIA
Office
27,090 sqft
The office building at 5995 Sepulveda Boulevard in Culver City, California was recently sold for $10,000,000. Spanning 27,090 square feet, this property features custom interiors, a column-free layout, and convenient freeway access, making it an attractive investment for a private investor.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $10,000,000
- Address: 5995 Sepulveda Boulevard
- Market: Culver City
- SF: 27,090
- PPSF: $369
- Brokers: Greg Frankovich, Ken White, Kevin Shannon, Laura Stumm, Michael Moll, Rob Hannan, Steven Kolsky - Newmark
The sale of this office building was facilitated by Newmark, with a private investor acquiring the property. The buyer, an owner-user, intends to relocate its headquarters to this building, drawn by its appealing characteristics and strategic location in Culver City, California.
Players
All
8
Agents
7
Agencies
1
Details
SOLD
IMAGE: Rob Hannan, Laura Stumm, Greg Frankovich, Steven Kolsky, Ken White, Michael Moll & Kevin Shannon
DATE: 02/26/2024
ADDRESS: 5995 Sepulveda Boulevard
MARKET: Culver City
ASSET TYPE: Office
BROKERS: Greg Frankovich (@Frank_Gregovich), Ken White, Kevin Shannon, Laura Stumm (@LaurahStumm), Michael Moll, Rob Hannan & Steven Kolsky - Newmark (@Newmark)
SALE PRICE: $10,000,000
SF: 27,090 ~ PPSF: $369
NOTE: Newmark facilitated the sale of 5995 Sepulveda, a 27,090-square-foot office building in Culver City, California, to a private investor. The property, features custom interiors, column-free layout, and convenient freeway access, attracting an owner-user buyer who plans to relocate its headquarters to the building.View on map
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Address5995 Sepulveda Boulevard
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