Elkins Kalt LLP Acquires Bebe Store's Century City Office Building For $28.5M

Manny Mashouf, Andrew Gharibian, and Jeffrey Resnick were involved in a closed property transaction that took place on May 22, 2018. The property in question is an office located at 10345 W Olympic Blvd in Century City. The transaction involved the sale of the office building for a price of $28,500,000. The total square footage of the property is 46,685, resulting in a price per square foot of $610. Additionally, there are 400 units within the office building, with a price per unit of $250,000. The seller of the property was Manny Mashouf, the owner of Bebe Store. The buyer was Elkins Kalt LLP, a law firm represented by Keith Elkins and Scott Kalt. The deal was facilitated by brokers Andrew Gharibian and Jeffrey Resnick of First Property.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $28,500,000
• Address: 10345 W Olympic Blvd
• Market: Century City
• Square Footage: 46,685
• Price per Square Foot: $610
• Units: 400
• Price per Unit: $250,000
• Seller: Manny Mashouf
• Buyer: Elkins Kalt LLP (Law Firm) - Keith Elkins & Scott Kalt
• Broker: Andrew Gharibian and Jeffrey Resnick

It is worth noting that Jeffrey Resnick and Andrew Gharibian of First Property acted as the representatives for both the buyer and the seller in this transaction.