facebook
Traded Co logo
Submit

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

Property Image
SOLD
$26,365,000

California

See Similar Deals
Office36,085 SF
Sold 06/06/2025
the dealplayerscompscontact
Property Image
SOLD

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

8350 Wilshire Boulevard

See Similar Deals
Office36,085 SF
Sold 06/06/2025
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$730
Total Square Footage:36,085 SF
Transaction Type:Sale

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
59 deals$368.6M volume(310) 469-9012
BROKER

Leor Binshtock
Zacuto Group
25 deals$169M volume
BROKER

John Logan
Zacuto Group
3 deals$37M volume(310) 469-9012
BROKER

Zacuto Group
BROKERAGE

Details

SOLD
IMAGE: Leor Binshtock, Jake Zacuto & John Logan DATE: 06/06/2025 ADDRESS: 8350 Wilshire Boulevard MARKET: Beverly Hills ASSET TYPE: Office BUYER: Shawn & Shervin Lalezary SELLER: Jen Danby BROKERS: Jake Zacuto (@JakeZacuto), Leor Binshtock (@Leor_s_b) & John Logan (@JohnLoganrealestate) - Zacuto Group (@ZacutoGroup) SALE PRICE: $26,365,000 SF: 36,085 ~ PPSF: $730 NOTE FROM BROKER: Zacuto Group is proud to announce the sale of 8350 Wilshire Boulevard in Beverly Hills, for $26.365 million (approx. $730/PSF). Jake Zacuto, Leor Binshtock and John Logan exclusively represented both the buyer and seller in the benchmark sale ranking among one of the highest price-per-square foot sales for an office property in recent years.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,406,133.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$93,669.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$124,983.55
Annual Debt Service$1,499,802.61