Lee & Associates West L.A. Transacts Sale of Google Building

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By The Hoyt Organization -

Torrance, CA – August 8, 2011 – (RealEstateRama) — The West Los Angeles office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, represented both the buyer and seller of the Google building, an iconic, 45,000-square-foot structure in Santa Monica, Calif., currently occupied by the Internet search engine giant. The terms of the acquisition were not disclosed.

Lee & Associates West Los Angeles’ David Wilson represented buyer Hudson Pacific Properties while Andrew Wilson represented seller Noncom Properties.
Designed by AC Martin, the circa-1950 building located at 604 Arizona Ave., is currently 100-percent leased by Google. Lee West Los Angeles will retain the leasing services for the new owner.

“This building has a rich history in this vibrant Los Angeles-area town, and Hudson Pacific sees great future potential,” said Duncan Lemmon, president of Lee & Associates West Los Angeles. “It is an outstanding creative space in a top-tier, high-demand Santa Monica market that future entertainment and tech related tenants will find very attractive.”

Previous tenants at the building included General Telephone, Treasury Services and Oracle Corp.

About Lee & Associates
Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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The Hoyt Organization
http://hoytorg.com/

Ranked as one of the top 25 public relations firms in Los Angeles by the Los Angeles Business Journal, The Hoyt Organization is a full-service, strategic communications firm that provides complete public relations counseling and crisis communication services. With more than two decades of experience, the firm specializes in developing public relations, social media and digital marketing programs for business-to-business, real estate, professional service firms, financial entities, healthcare organizations, as well as retail, legal, technology and business-to-consumer-based companies.

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Phone: 310-373-0103

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