Tessler, Rubin & Co. sold 820 Broadway in Santa Monica, CA, to Archway Properties for $12 million or $630 per square foot.
The office building
measures about 19,047 square feet and was 100 percent leased at the time of sale. The property, which was constructed in 2004, was designed by renowned architect David Hibbert and was previously occupied by Google. Current tenants include Coda, Icon Mobile and Cross Campus.
Andrew Wilson of Lee & Associates represented both sides.
For more information, please refer to CoStar COMPS #2582991.