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Heitman Acquires Playa Vista Campus In LA For $335M

Property Image
SOLD
$335,000,000

California

See Similar Deals
Other325,000 SF
Sold 10/09/2018
the dealdetailscomps
Property Image
SOLD

Heitman Acquires Playa Vista Campus In LA For $335M

12045 Waterfront Drive, Playa Vista, Los Angeles, CA, USA

See Similar Deals
Other325,000 SF
Sold 10/09/2018

Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$1,030
Total Square Footage:325,000 SF
Transaction Type:Sale

An office campus located at 12045 Waterfront Dr. in Playa Vista, Los Angeles, has been sold for a staggering price of $335,000,000. Covering a total area of 325,000 square feet, the property was purchased by Heitman, a real estate investment management firm. The sale took place on October 9, 2018, and the asset was sold by Hines.

Summary of transaction details:

  • Property Type: Campus
  • Transaction Amount: $335,000,000
  • Address: 12045 Waterfront Dr., Playa Vista, LA
  • Market: Playa Vista
  • City: Los Angeles
  • Square Footage: 325,000 SF

Maury Tognarelli and Jeffrey Hines were the key individuals involved in the transaction. Tognarelli and Hines played instrumental roles representing the buyer and seller, respectively.

Players

BUYER

Details

SOLD
IMAGE: Maury Tognarelli and Jeffrey Hines DATE: 10/09/2018 ADDRESS: 12045 Waterfront Dr. MARKET: Playa Vista CITY: LA ASSET TYPE: Campus PRICE: $335,000,000 SF: 325,000 PPSF: $1,030 BUYER: Heitman SELLER: Hines

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