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8350 Wilshire Boulevard

Shawn & Shervin Lalezary Buy Office At 8350 Wilshire Boulevard From Jen Danby For $26.365M
SOLDOffice

Shawn & Shervin Lalezary Buy Office At 8350 Wilshire Boulevard From Jen Danby For $26.365M

8350 Wilshire Boulevard

$26,365,000

$730/SF

Building Size

36,085 SF

Asset Type

Office

Closing

Jun 6, 2025

AI

The property asset involved in this transaction is an office located at 8350 Wilshire Boulevard in Beverly Hills, which sold for $26,365,000. The building comprises 36,085 square feet, translating to a price per square foot of approximately $730.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $26,365,000
  • Address: 8350 Wilshire Boulevard
  • Market: Beverly Hills
  • Square Footage: 36,085
  • Price Per Square Foot: $730
  • Buyer: Shawn & Shervin Lalezary
  • Seller: Jen Danby
  • Brokers: Jake Zacuto, Leor Binshtock & John Logan - Zacuto Group

In this significant transaction, Zacuto Group played a crucial role, with Jake Zacuto, Leor Binshtock, and John Logan representing both the buyer and the seller. This sale marks one of the highest price-per-square foot transactions for office properties in recent years.

Players

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 deals

Broker
Zacuto Group
Zacuto GroupBrokerage

Beverly Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93