Community Corporation Of Santa Monica Acquires Retail Property In Santa Monica For $5.25M

The property involved in this closed transaction is a retail asset located at 2120 Lincoln Blvd in Santa Monica. The property has a lot size of 14,087 square feet and was sold for $5.25 million. This translates to a price per square foot of $372. The seller of the property was NGN Properties, while the buyer was the Community Corporation of Santa Monica.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5.25 million
• Lot Size: 14,087 square feet
• Price per Square Foot: $372
• Address: 2120 Lincoln Blvd, Santa Monica
• Market: Santa Monica

The deal was facilitated by the following brokers: Oron Maher from Maher Commercial Realty, Filipe Niculete and Aida Memary from LA Apartment Advisors, and David Bakhshi. Oron Maher represented the seller NGN Properties in the transaction.