Redcar Adds Creative Office Trio to Portfolio for $74M

Redcar Properties Ltd. has acquired Westside Business Park in Culver City, CA, for approximately $74 million. The company purchased the three-building complex located at 10301-10335, 10361-10375 and 10381-10395 Jefferson Blvd. from Lionstone Partners.

According to the company’s website, between the redevelopment of the downtown, the arrival of the Expo Line and the influx of creative office tenants, Culver City has evolved into a robust and dynamic city, easily accessible to Silicon Beach, Hollywood and DTLA.

Redcar also notes many of L.A.’s leading companies including Apple, Amazon, Beats, HBO, and a myriad of creative agencies occupy offices in the area. Redcar absorbs Westside Business Park into an existing Culver City portfolio of 10 unique office property locations.

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