Subscribe
Home Commercial First Citizens Bank and Trust Acquires 76,900 SQFT Office Building in Santa Monica for $86.7MM
CommercialFinanceIndustry NewsLos Angeles

First Citizens Bank and Trust Acquires 76,900 SQFT Office Building in Santa Monica for $86.7MM

January 8, 20241 Mins read963
Share
Share

By The Registry Staff  Realty Bancorp Equities recently finalized the sale of a Santa Monica office complex to First Citizens Bank and Trust for $86.7 million, signaling new development in the property's financial saga. Despite the considerable price of $1,131 per square foot for the 76,900 square foot building, the sale proceeds fell short of […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Previous post Two Retail Properties in Lancaster Sell for Combined Sales Price of $11.38MM

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

Del Mar California Public Welcome Sign

Kilroy Realty Lines Up $19.5MM Sale of East Village Land in San Diego as Del Mar Leasing Lifts Q3

ByOctober 27, 2026
San Diego apartment building

GL Capital Partners Pays $80MM for Green Cities’ 230-Unit Gema Apartments on San Diego’s Cortez Hill

October 27, 2026
Oceanside, California

Post Investment Group Buys 240-Unit Sunterra Apartments in Oceanside From 29th Street Capital for $77.5MM

October 27, 2026
Supermarket aisle

Barings Pays $66.2MM for First Washington’s Ralphs-Anchored 119,000 SQFT Village Center at Rose in Placentia

October 27, 2026
auto dealership

72,000 SQFT Kia of Carson Dealership Hits Market for $71MM Weeks After Global Net Lease Absorbs Modiv

October 27, 2026
View of San Diego in the distance

Broe Real Estate Group Buys Greystar’s 204-Unit 525 Olive Tower in San Diego’s Bankers Hill in All-Cash Deal

October 27, 2026
Related Articles
Restaurant drive-thru
FeaturedIndustry ContributorsRetail

Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race

By John Cumbelich October 5, 2026 – True Food Kitchen files for...

ByOctober 23, 2026
Santa Monica beach with downtown in the background
CommercialIndustry NewsLeasingLos Angeles

Universal Music Renews and Expands 45,000 SQFT at 2120 Colorado Avenue, Pushing Santa Monica Commitment to 96,000 SQFT

Universal Music Group's recording arm renewed and expanded a 45,069-square-foot office footprint...

ByOctober 22, 2026
Downtown Los Angeles at Twilight
CommercialFeaturedFinanceIndustry NewsLos Angeles

Owner-Users and Conversions Pull 1.48MM SQFT From LA’s Office Market, Nudging Vacancy Down Despite Losses

Los Angeles office vacancy slipped to 25.3 percent in the third quarter...

ByOctober 16, 2026
Aerial view of UTC, University City large residential and commercial, San Diego
AECIndustry NewsResidentialRetailSan Diego

Cass Street, Global Mutual Launch $20MM Site Work to Turn Former Costa Verde Center Into 13-Block High Street Village Near UTC

Sorrento Valley-based Cass Street Venture has started demolishing the long-vacant Costa Verde...

ByOctober 14, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.