Northwood Investors Acquires Office Building In Culver City For $120M

The office property located at 900 Corporate Pointe in Culver City has been sold for a total price of $120,000,000. The property spans over 287,800 square feet, resulting in a price per square foot of $416. The sale was completed on 08/04/2020.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $120,000,000
• Address: 900 Corporate Pointe
• Market: Culver City
• Square Footage: 287,800
• Price per Square Foot: $416

The buyer of the property was Northwood Investors, while the seller was Symantec Corporation (NortonLifeLock), represented by Natalie Derse. The transaction was facilitated by a team of brokers including Richard Ingwers and Bradford Rogers, Rob Rubano, Keith Padien, and Brian Share, as well as Marc Renard, Manfred Schaub, and Morgan Jackson from Cushman & Wakefield.