1315 LINCOLN BLVD. SELLS FOR $12.6M

SANTA MONICA, CALIF. – A 23,000-square-foot, Class A office building located at 1315 Lincoln Blvd. in Santa Monica has sold to Lincoln Property Company for $12.6 million. The building was 25 percent occupied at the time of sale. Bob Safai and Mitch Stokes of Madison Partners represented the seller, Praedium Group, in this transaction.