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Holland Partners Acquires Long Beach Office Building For $41M

6700 East Pacific Coast Highway
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This Office property located in CA was sold for $41,000,000 about 2 years ago. The brokers of the deal were Chris Benton, Bill Bauman, Sean Fulp, Kevin Shannon, Anthony Muhlstein, and Ken White

The office property located at 6700 E. Pacific Coast Highway in Long Beach has recently been sold in a transaction. The property spans a total area of 73,769 square feet, with a per square foot price of $555. The sale price for the property amounted to $41,000,000. The transaction took place on February 24, 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $41,000,000
  • Address: 6700 E. Pacific Coast Highway, Long Beach
  • Market: Long Beach

The buyer of the property is Holland Partners, while the seller is ValueRock Partners. Newmark represented the seller, with Chris Benton, Anthony Muhlstein, Kevin Shannon, Bill Bauman, Ken White, and Sean Fulp serving as their representatives. These individuals and companies played crucial roles in facilitating the transaction.

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Deals
  • Location
    6700 Pacific Coast Highway, Long Beach, California 90803, United States6700 Pacific Coast Highway, Long Beach, California 90803, United States
  • Sale Price
    $41,000,000$41,000,000
    $555 PPSF$555 PPSF
  • Area
    73,769 SF73,769 SF
  • Asset Type
    OfficeOffice
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Chris Benton

Chris Benton

Deals10
Sold$367.3M

Bill Bauman

Bill Bauman

Deals10
Sold$536.5M

Kevin Shannon

Kevin Shannon

Deals79
Financed$4.9B

Ken White

Ken White

Deals58
Financed$3.6B

Anthony Muhlstein

Anthony Muhlstein

Deals14
Financed$540.9M

Agencies

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

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Deal Summary

SALE IMAGE: Kevin Shannon, Chris Benton, Bill Bauman, Ken White & Anthony Muhlstein DATE: 02/24/2022 ADDRESS: 6700 E. Pacific Coast Highway MARKET: Long Beach ASSET TYPE: Office BUYER: Holland Partners SELLER: ValueRock Partners SELLER'S REP: Chris Benton, Anthony Muhlstein, Kevin Shannon, Bill Bauman, Ken White & Sean Fulp - Newmark SALE PRICE: $41,000,000 SF: 73,769 ~ PPSF: $555

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6700 East Pacific Coast Highway

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