Curated News
By: NewsRamp Editorial Staff
February 12, 2025
WESTMAC Commercial Brokerage Company Facilitates Sale of 1231 4th Street in Santa Monica for $3M+
TLDR
- Buyer acquired 1231 4th Street in Santa Monica for $3,044,250, seizing a prime investment opportunity.
- WESTMAC Commercial Brokerage Company facilitated the sale of a 6,270 sq ft building on a 6,007 sq ft land.
- New owner's transformation of former yoga studio at 1231 4th Street promises revitalization to downtown Santa Monica.
- Former yoga studio turned commercial property sale showcases dynamic evolution in Santa Monica real estate market.
Impact - Why it Matters
This news highlights a significant commercial real estate transaction in Santa Monica, showcasing the expertise of WESTMAC Commercial Brokerage Company. It also signifies the potential for revitalization and new opportunities in the vibrant community of Downtown Santa Monica.
Summary
WESTMAC Commercial Brokerage Company successfully arranged the sale of 1231 4th Street in Santa Monica, CA for $3,044,250. The two-story building, a former yoga studio, offers multiple office spaces and parking in the rear. The seller was represented by T.C. Macker and his team, while the buyer was represented by Grant La Spada and David Toomey of Cushman & Wakefield.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, WESTMAC Commercial Brokerage Company Facilitates Sale of 1231 4th Street in Santa Monica for $3M+
![blockchain registration record for the source press release.](https://cdn.newsramp.net/qrcode/63f82761f1d9d75df25e0b8068b427b6.webp)