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Wildwood School acquires Santa Monica office building for new campus
['Carlos Reyes']
SM Mirror
Cash deal for 100,700-square-foot Ocean Park Plaza removes largely vacant property from Westside commercial inventory.
By Carlos ReyesCommercial real estate brokers have finalized the all-cash sale of a 100,700-square-foot office and medical building along Ocean Park Boulevard to a private school.
The transaction removes Ocean Park Plaza, located at 2701 Ocean Park Blvd., from Santa Monica’s commercial office inventory.
“This is a great outcome for Santa Monica,” said Sean Fulp.
The building sits directly across from Santa Monica Business Park and near ongoing neighborhood redevelopments, including a proposed 456-unit residential complex across the corridor and the anticipated transition of the Santa Monica Airport into public parkland.