Tuesday, December 11, 2012

Charles Dunn Co. Completes $15.5 Million Sale of 46,213 SF Office Building in Brentwood Submarket of Los Angeles, CA



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.

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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