Westside Community & Cultural Center Purchases Retail Property In Santa Monica For $3,044,250

The property asset involved in the transaction is located at 1231 4th Street, Santa Monica. This retail asset was sold for a transaction price of $3,044,250. The property encompasses an area of 6,270 square feet, resulting in a price per square foot of $485.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,044,250
• Address: 1231 4th Street
• Market: Santa Monica
• Square Footage: 6,270
• Price per Square Foot: $485
• Buyer: Westside Community & Cultural Center
• Seller: Logan Beitler
• Seller's Representatives: T.C. Macker, Woody Cook, Colin Fields, Willa McNamarra Fields & Mike Rago - WESTMAC Commercial Brokerage Company

The transaction highlights the involvement of multiple representatives from WESTMAC Commercial Brokerage Company, indicating a collaborative effort in managing the sale. T.C. Macker and Woody Cook, along with Colin Fields, Willa McNamarra Fields, and Mike Rago, played significant roles in facilitating the transaction for the seller, Logan Beitler.