Urban Stearns Acquires San Pedro Office Building On 222 W 6th St For $29M
222 West 6th Street
292,540 SF
Summary
An office property located at 222 W 6th St in San Pedro has been sold in a transaction involving Urban Stearns as the buyer and Harbor Associates & Platform Ventures as the seller. The property, spanning 292,540 square feet, was sold for a total price of $29,000,000, equating to a price per square foot of $99.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $29,000,000
- Address: 222 W 6th St, San Pedro
- Market: San Pedro
- Buyer: Urban Stearns
- Seller: Harbor Associates & Platform Ventures
- BROKERS: Kevin Shannon, Ken White, Chris Benton, Scott Schumacher & Anthony Muhlstein - Newmark
- Square Footage: 292,540
- Price per Square Foot: $99
The sale of this office property was facilitated by brokers Kevin Shannon, Ken White, Chris Benton, Scott Schumacher, and Anthony Muhlstein from Newmark. Their expertise and negotiation skills played a crucial role in closing this transaction successfully. This sale marks an important milestone for both the buyer, Urban Stearns, and the seller, Harbor Associates & Platform Ventures, in the San Pedro market.
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6
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