Search
 

Marina Office Building Sells for $5 Mil

MARINA DEL REY, CA-Interstate Equities gets 25,000-sf office property near beach.

By David M. Kinchen | Updated on August 14, 2000

MARINA DEL REY, CA-San Francisco-based Interstate Equities Corp. has paid $5 million for a 25,000-sf office building at 4052 Del Rey Ave. in this coastal area of Los Angeles.

The building is 100% occupied and was purchased as a leased investment. The Woodland Hills office of TOLD Partners Inc. represented the buyer. The seller, a private Santa Monica-based partnership known as Lincoln Del Rey Ltd., was represented by the West LA office of Westmac Commercial Brokerage Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.