Fenway Capital Advisors Acquires 315000 Square Foot Office Building In Culver City For $130M

The property involved in this transaction is the Entrada office building, located at 6181 Centinela Avenue in Culver City. The building encompasses 315,000 square feet and was sold for a price of $130,000,000, equating to a price per square foot of $413. It is a 75% leased property, with notable tenants including Equinox, Deloitte, and The Trade Desk.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $130,000,000
• Address: 6181 Centinela Avenue
• Market: Culver City
• Square Footage: 315,000
• Price Per Square Foot: $413
• Buyer: Patrick Tribolet - Fenway Capital Advisors
• Seller: Clay Duvall, David Binswanger & Rob Kane - Lincoln Property Company; Broad Street Principal Investments (affiliate of Goldman Sachs)

In this transaction, Fenway Capital Advisors acquired the office building while Lincoln Property Company retained a minority stake and will continue to manage the property. This deal marked Silicon Beach’s highest-priced office transaction of 2025, despite the debt tied to the asset being higher than the selling price.