LOS ANGELES, CA, June 23, 2011 – Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,475,000 sale of a 5,550 square foot office building located at 417 S. Beverly Dr. (top left photo) in Beverly Hills, Calif. Michel Hibbert of Charles Dunn Company represented the Los Angeles-based seller, One A, LLC in the transaction. The buyer was GDSB&M, LLC from Los Angeles who was represented by Willa McNamara-Fields of Beitler Commercial Realty Services.
According the Hibbert, the owner/user will occupy a large portion of its new office building along with an existing tenant, Sylvan Learning Center who is leasing about half of the building. The buyer, a literary talent agency will be adding to its current space which is adjacent to the new property.
The property is well located near Olympic Blvd. and is just south of the Beverly Hills Golden Triangle area.
“The property garnered a high price per square foot of $445.00,” said Hibbert. “South Beverly Drive is an excellent street and location in Beverly Hills.”
Contact: Darcie Giacchetto, D.G. Communications, Inc., 949.278.6224
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