Deka Immobilien has paid $54.25 million, or $1,867/sf, for the 29,064-square-foot Whole Foods Santa Monica retail building in Santa Monica, Calif. The Frankfurt, Germany, investment manager bought the property, which is net leased under a long-term agreement to Whole Foods, ...
Commercial Observer Hulu has agreed to lease 351,000 square feet of office space in Santa Monica, Calif. The streaming service provider has signed a seven-year lease at the 1.13 million-sf Colorado Center. The six-building property, at 2500 Broadway, is owned ...
Black Equities Group Ltd. has paid $39.5 million, or $564,285/unit, for Citrus Suites, a 70-unit apartment property in Santa Monica, Calif. The Beverly Hills, Calif., company, which was founded in 1985 by Stanley Black, purchased the property from Equity Residential ...
Community Corp. used a $15 million loan from the city of Santa Monica's Housing Trust Fund to acquire the complex.
HFF arranged $17.6 million of financing on behalf of the buyer.
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