May 1, 2019 Comments Off on South Robertson Jewel Box Office, MOB Trades Hands Views: 187 California News, Los Angeles

South Robertson Jewel Box Office, MOB Trades Hands

A 16,889-square-foot jewel box boutique office, legal, and medical building, located at 864 South Robertson Boulevard near Beverly Hills, has traded hands for $11.9 million. The seller was an affiliate of Optimus Properties, LLC, while the buyer was AHO, LLC.

Fully-renovated and upgraded in 2018 by Optimus Properties, the asset features a new lobby along with new façade, bathrooms, elevator cab finishes, LED lighting, flooring, and access security system. The property is 100% occupied, and has a very stable and conservative tenant mix with general office and medical tenants.

NKF’s Steven Salas, Daniel Chiprut and Britney Kagawa represented the seller.

“With a shortage of investment product on the Westside, we continue to see a strong demand for quality office and medical investments,” said Chiprut.

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