SOLD
Rockwood Capital Acquires Santa Monica Office Building For $65.7M
1314 7th Street
Office
58,000 SF
58,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Office
58,000 sqft
The office building located at 1314 7th Street in Santa Monica has been sold in a closed transaction for a price of $65,700,000. Spanning across 58,000 square feet, the property was purchased at a rate of $1,100 per square foot.
Summary of transation details
- Property Type: Office
- Transaction Amount: $65,700,000
- Address: 1314 7th Street
- Market: Santa Monica
Rockwood Capital represented by Walter P. Schmidt acted as the buyer for this transaction. On the seller's side, DivcoWest Real Estate Investments, represented by Stuart Shiff, finalized the deal. The brokerage team at JLL, consisting of Andrew Harper, Michael Leggett, Doug Bond, and Matt McRoskey, facilitated this transaction.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Stuart Shiff, Walter P. Schmidt, Andrew Harper, Matt McRoskey, Michael Leggett & Doug Bond
DATE: 02/18/2020
ADDRESS: 1314 7th Street
MARKET: Santa Monica
ASSET TYPE: Office
PRICE: $65,700,000
SF: 58,000
PPSF: $1,100
BUYER: Rockwood Capital - Walter P. Schmidt
SELLER: DivcoWest Real Estate Investments - Stuart Shiff
BROKERS: Andrew Harper, Michael Leggett, Doug Bond & Matt McRoskey @JLLView on map
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Address1314 7th Street
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