Studley Claims Record Office Sale
May 17, 2013

A 9,046-square-foot office building at 130 S. El Camino Dr. owned by the Wallace Family Trust has sold for $10.4 million. The price translates to $1,150 per square foot, which the seller claims is the highest sales price ever per square foot for office space in Beverly Hills.
The buyer was not identified. Joshua Meltzer and Bryan Norcott of Studley real estate represented the seller. Greg Moore of Keller Williams Realty represented the buyer in the transaction.

... “The property’s valued location in the heart of Beverly Hills, combined with an improving economic and real estate climate, pushed the price of the building to record levels,” said a statement from Meltzer.

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