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Santa Monica Sale

6,950 SF Office Building Sells For $1.6 Million
By Sian Thompson
September 6, 2002 | 12:30 P.M.

Jovo B. Majstorovic purchased a 6,950-square-foot office building in Santa Monica, CA from Mitchell W. Block Living Trust for $1.6 million, or $230 per square foot. The two-story, multi-tenant building is located at 1749 14th St. on 8,830 square feet of land. The buyer plans to occupy 50% of the property with an electronics company and lease the remaining 50%. James Wilson from Lee & Associates represented the seller, Mitchell W. Block. Mark Zamel from Zamel & Associates represented the buyer.

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News | Santa Monica Sale