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| Gelena Skya-Wasserman |
LOS ANGELES, CA. Dec. 11, 2012 – Charles Dunn Company, one
of the largest full-service regional real estate firms in the western United
States, has completed the $15.5 million sale of a 46,213 square foot office
building located at 11859 Wilshire Blvd.
The transaction marks the largest office sale for both
square footage and dollar value in the Brentwood submarket of Los Angeles this
year.
Roger Beck, SIOR and Gelena Skya-Wasserman of
Charles Dunn Company represented the seller, Los Angeles-based 11859 Wilshire,
LLC.
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| Roger Beck |
The buyer, Culver City-based WLA Wilshire, LLC, was
represented by Andrew Jennison of Industry Partners.
The buyer will utilize the building to function as the
corporate headquarters of ICDC, a Southern California-based technical school. The
seller occupied the building as PCS, a communications-based company which has
since relocated to Texas. Following the relocation of PCS, the seller no longer
had need for the office space.
“The buyer had been searching for its corporate headquarters
location for a significant amount of time," said Beck, senior managing director with Charles Dunn Company out of the Sherman Oaks office.
"The central Brentwood location and
desirable Wilshire address, as well as the benefit of easy freeway access were
an ideal fit for its corporate needs.”
For a complete copy of the company’s news release, please
contact:
Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224
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