The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
April 13, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
Culver City Office Building Acquired by Owner/User


A vacant 27.1k sf office building located in Culver City was acquired by an unnamed owner/user in a recent transaction. The property is located at 5995 Sepulveda Blvd, just south of the 90 Fwy and adjacent to the east side of I-405.

5995 Sepulveda is a newly renovated, best-in-class creative office project with custom interiors, a column-free layout and unique 12k sf floor plates. The property features a landscaped outdoor seating area and 24/7 onsite security and access control.

The property’s direct adjacency to the I-405 presents excellent signage, visible to over 316,000+ vehicles per day. Additionally, the property is situated across the street from Westfield Culver City shopping center, providing tenants access to an abundance of retail amenities and restaurants.

Kevin Shannon, Ken White, Rob Hannan, Laura Stumm, Michael Moll, Steve Kolsky and Greg Frankovich with Newmark represented the seller in the deal.

“The sale of 5995 Sepulveda to a user exemplifies a growing trend of owner-user acquisitions in the market,” said Stumm. “The buyer, who will be moving its headquarters to the building, was drawn to the asset’s central westside location, freeway adjacency and improved interiors.”

Culver City has cemented itself as the epicenter of technology and media growth in Los Angeles. Dominant industries which have driven activity on the Westside, namely tech and media, are still active in the submarket but have somewhat pulled back on expansion in the last few months. Culver City has emerged as a core city of Silicon Beach in recent years, according to Newmark Research. A revitalized downtown and Expo Line connectivity to Santa Monica and Downtown Los Angeles favor the city with notable space committals include Apple (934k sf), Amazon (710k sf) and HBO (240k sf).

Return to the Archive page



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media