Hollywood deal Skims' along top, downtown lags on LA's biggest office sales

"Kingsbarn Realty Capital purchased an eight-story building located in Hollywood and occupied by Kim Kardashian's Skims for $105 million. It came after a lawsuit against the lender that derailed an earlier deal. JH Snyder was the seller of the property at 1601 Vine Street, along the Hollywood Walk of Fame. The deal worked out to $908 per square foot, the priciest on a square foot basis on the ranking."

"Publicly traded real estate investment trust Kilroy Realty purchased the office campus in Beverly Hills from Tishman Speyer for $205.3 million, or $701 per square foot. TRD first reported Tishman was selling, but the buyer was a mystery. Once the buyer was revealed, we learned it was a competitive process, and more information on Maple Plaza came during an Kilroy earnings call, where Chief Executive Angela Aman said the property had become the strongest driver of leasin"

The top 10 office sales in Los Angeles County are identified using Cushman & Wakefield and Colliers data through late-September and prior reporting. Six of the transactions occurred outside the City of Los Angeles and therefore fall outside Measure ULA's property transfer tax. The list selects deals by total price but orders them by price per square foot. Deals with higher per-square-foot prices were excluded if their total price did not meet the top-10 threshold. Notable transactions include Kingsbarn Realty Capital's $105 million purchase of 1601 Vine Street for $908 per square foot, and Kilroy Realty's $205.3 million acquisition of Maple Plaza at $701 per square foot.

Read at therealdeal.com