Wednesday, February 4, 2015

HFF closes sale of creative office building in Santa Monica, CA


Ocean Park Plaza, 2701 Ocean Park Boulevard, Santa Monica, CA


Andrew Harper

 LOS ANGELES, CA – HFF announced it has closed the sale of Ocean Park Plaza, a 100,983-square-foot, low-rise office building in Santa Monica, California. 

HFF marketed the property on behalf of the seller, Broadreach Capital Partners. 

Ocean Park Plaza is a two-story office building at 2701 Ocean Park Boulevard approximately two miles east of the Pacific Ocean and across the street from Clover Park in the Ocean Park area of Santa Monica. 

With $3 million of capital improvements made since 2007, the property features an open atrium and is perfectly suited to fit the creative niche of the market. 

The building is 90 percent leased to Conde Nast-owned MatchCraft, UCLA Health System, Keller Williams and Ocean Park Casting. 

The HFF investment sales team representing the seller included director Andrew Harper, senior managing director and co-head of HFF’s national office investment sales platform Michael Leggett and senior managing director Ryan Gallagher.       

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com



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