therealdeal.com
8 months agoLA real estate
First Citizens Pays $87M for Santa Monica Office Building
Realty Bancorp Equities has sold a Santa Monica office building for $86.7 million, nearly a year after defaulting on $100 million in loans.
The sale price of $1,131 per square foot is one of the highest office deal prices in the last three years in L.A. County. [ more ]