Northwestern Mutual Life Insurance Co.’s $166 million purchase of a high-profile Santa Monica, California, office complex shows that strong demand for buildings occupied by financially stable companies in prime locations can overcome weakness hitting even traditionally strong markets in the pandemic.
Insurer Buys Office Complex in Biggest 2020 Deal for Santa Monica Near LA
Transaction Shows Potential of Properties With Stable Tenants During Pandemic
By Lou Hirsh
CoStar NewsNovember 17, 2020 | 11:18 P.M.
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IN THIS ARTICLE
- Properties
- Building A
2041 Colorado Ave, Santa Monica, CA