Cruzan Acquires Office Building On Wilshire Boulevard In Beverly Hills For $69M

The office building located at 9171 Wilshire Boulevard in Los Angeles has been sold in a closed transaction. The property is situated in the Beverly Hills market and spans a total area of 106,980 square feet. The sale took place on April 26, 2018, at a price of $69,000,000, resulting in a price per square foot of $644.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $69,000,000
• Address: 9171 Wilshire Boulevard, Los Angeles
• Market: Beverly Hills
• Size: 106,980 square feet

The seller in this transaction was John Hancock Life Insurance Company, represented by Andrew G. Arnott. The buyer of the property was Cruzan, with Dennis Cruzan, Ann Bruce, and Pete Spencer as the representatives.