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Cruzan Acquires Office Building On Wilshire Boulevard In Beverly Hills For $69M

9171 Wilshire Boulevard
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This Office property located in CA was sold for $69,000,000 almost 6 years ago.

The office building located at 9171 Wilshire Boulevard in Los Angeles has been sold in a closed transaction. The property is situated in the Beverly Hills market and spans a total area of 106,980 square feet. The sale took place on April 26, 2018, at a price of $69,000,000, resulting in a price per square foot of $644.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $69,000,000
  • Address: 9171 Wilshire Boulevard, Los Angeles
  • Market: Beverly Hills
  • Size: 106,980 square feet

The seller in this transaction was John Hancock Life Insurance Company, represented by Andrew G. Arnott. The buyer of the property was Cruzan, with Dennis Cruzan, Ann Bruce, and Pete Spencer as the representatives.

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  • Location
    9171 Wilshire Boulevard, Beverly Hills, CA, USA9171 Wilshire Boulevard, Beverly Hills, CA, USA
  • Sale Price
    $69,000,000$69,000,000
    $645 PPSF$645 PPSF
  • Area
    106,980 SF106,980 SF
  • Asset Type
    OfficeOffice

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Deal Summary

SALE IMAGE: Andrew G. Arnott, Dennis Cruzan, Ann Bruce and Pete Spencer DATE: 04/26/2018 ADDRESS: 9171 Wilshire Boulevard CITY: Los Angeles MARKET: Beverly Hills ASSET TYPE: Office PRICE: $ 69,000,000 SF: 106,980 PPSF: $644 SELLER: John Hancock Life Insurance Company - Andrew G. Arnott BUYER: Cruzan - Dennis Cruzan, Ann Bruce and Pete Spencer

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