Jason Illoulian And Frank Zarabi Acquire Office Asset From Tishman Speyer For $90 Million

The property involved in this transaction is an office asset located at 9242 Beverly Boulevard in Beverly Hills. The sale price of the property was $90,000,000, with a total square footage of 134,000, resulting in a price per square foot of approximately $671.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $90,000,000
• Address: 9242 Beverly Boulevard
• Market: Beverly Hills
• Square Footage: 134,000
• Price per Square Foot: $671
• Buyer: Jason Illoulian - Faring & Frank Zarabi - Envision Collection
• Seller: Tishman Speyer
• Broker Representatives: Bob Safai & Matt Case - Madison Partners

The transaction featured key individuals and companies, with the buyers being Jason Illoulian representing Faring and Frank Zarabi representing Envision Collection. The sellers were Tishman Speyer, with the deal facilitated by brokers Bob Safai and Matt Case from Madison Partners, representing the sellers in this significant transaction.