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9/09/16
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Sepulveda Center, a 178k sf, Class A office building in West L.A., traded hands for $68.2 mil ($383/sf). The 12-story building was sold by a KBS Realty Advisors entity. The name of the buyer was not immediately given out.
Sepulveda Center is located at 3415 S. Sepulveda Blvd, along the I-405. It offers unobstructed, 360-degree views of the Pacific Ocean, downtown Los Angeles and the Santa Monica Mountains. The building was awarded the 2011 Building of the Year award by BOMA of Greater Los Angeles.
Onsite amenities include a conference facility, car wash and detailing services and Trimana Café, serving breakfast, lunch and snacks. Tenants can also easily access various quick-service restaurant and retail options within walking distance of the property, including The Coffee Bean & Tea Leaf, Trader Joe’s and CVS.
Michael Leggett, Ryan Gallagher and Andrew Harper of HFF represented KBS Realty Advisors in the transaction.
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