Holland Partners Acquires Long Beach Office Building For $41M

The office property located at 6700 E. Pacific Coast Highway in Long Beach has recently been sold in a transaction. The property spans a total area of 73,769 square feet, with a per square foot price of $555. The sale price for the property amounted to $41,000,000. The transaction took place on February 24, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $41,000,000
• Address: 6700 E. Pacific Coast Highway, Long Beach
• Market: Long Beach

The buyer of the property is Holland Partners, while the seller is ValueRock Partners. Newmark represented the seller, with Chris Benton, Anthony Muhlstein, Kevin Shannon, Bill Bauman, Ken White, and Sean Fulp serving as their representatives. These individuals and companies played crucial roles in facilitating the transaction.