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| Ryan Gallagher |
LOS ANGELES, CA –-
Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of a
five-property, approximately 350,000-square-foot office portfolio in West Los
Angeles, California.
HFF represented the seller
in the transaction. Jade Enterprises
purchased the portfolio for an undisclosed amount free and clear of debt.
The 91-percent-leased,
recently-renovated portfolio consists of Beverly Atrium at 350 South Beverly
Drive in Beverly Hills; 2730 Wilshire Boulevard in Santa Monica; 1950 Sawtelle
Boulevard and 11075 Santa Monica Boulevard in Los Angeles; and Bristol Plaza at
6167 Bristol Parkway in Culver City.
All of the properties have easy access to the
1-10 (Santa Monica Freeway) and the 1-405 (San Diego Freeway) and are about 15
minutes from the Los Angeles International Airport and the Santa Monica
Airport.
The HFF investment sales
team representing the seller was led by senior managing directors Ryan Gallagher and Todd Tydlaska and director Andrew
Harper.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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