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640 North Sepulveda Boulevard
SOLD

J. Paul Getty Trust Acquires Westside Office Building For $32.5M

640 North Sepulveda Boulevard

Office
45,630 SF
clock iconSold 1 year ago
David Kluth
Aliya Coher
Sean Fulp
+ 3
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Summary

Sale
CALIFORNIA
Office
45,630 sqft

The J. Paul Getty Trust has acquired an office property located at 640 North Sepulveda Boulevard in the Westside market. The property encompasses 45,630 square feet and was sold by Vectra Management Group for a total price of $32,500,000, resulting in a price per square foot of $712.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $32,500,000
  • Square Footage: 45,630
  • Address: 640 North Sepulveda Boulevard
  • Market: Westside

Newmark represented both the buyer and seller in the deal. David Kluth and Aliya Coher acted as the representatives for J. Paul Getty Trust, while Sean Fulp, Ryan Plummer, and Mark Schuessler represented Vectra Management Group.

Players

  • All

    7

  • Agents

    5

  • Agencies

    2

David Kluth's profile picture
David Kluth
Newmark-image
Executive Managing Director
$32.5M Sold
Aliya Coher's profile picture
Sean Fulp's profile picture

Details

Deal Summary
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SOLD
IMAGE: Sean Fulp, Mark Schuessler, Aliya Coher, David Kluth & Ryan Plummer DATE: 06/09/2022 ADDRESS: 640 North Sepulveda Boulevard MARKET: Westside ASSET TYPE: Office BUYER: J. Paul Getty Trust SELLER: Vectra Management Group BUYER'S REP: David Kluth & Aliya Coher - Newmark SELLER'S REP: Sean Fulp (@SeanaFulp), Ryan Plummer & Mark Schuessler (@MarkSchuess) - Newmark (@Newmark) SALE PRICE: $32,500,000 SF: 45,630 ~ PPSF: $712

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Address640 North Sepulveda Boulevard

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