LPC West Acquires Hollywood Office Building For $186M

The transaction involves the sale of an office property located at 959 Seward St in Hollywood. The property, spanning 261,000 square feet, was sold for a price of $186,000,000, resulting in a price per square foot of $712. The seller of the property was J.H. Snyder Co. represented by Michael Wise, while the buyer was LPC West represented by Rob Kane & Geyser Holdings.

Summary of transation details

• Property Type: Office
• Transaction Amount: $186,000,000
• Square Footage: 261,000
• Price per Square Foot: $712
• Address: 959 Seward St
• Market: Hollywood

Rob Kane and Geyser Holdings, representing LPC West, were the buyers in this transaction. On the seller's side, J.H. Snyder Co. was represented by Michael Wise. These key individuals and companies played a crucial role in facilitating the sale of the office property.