Transactions - NOVEMBER 7, 2016

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Southern California office campus sells for $400m

by Andrea Waitrovich

A joint venture between Brightstone Capital Partners and Artisan Realty Advisors has purchased the Lantana Media Campus, a 478,713-square-foot office property in Santa Monica, Calif., from Jamestown Properties. The sales price is estimated to be $400 million.   The four-building transaction comprises four of the five office buildings within the 12-acre Lantana campus along West Olympic Boulevard. The fifth building, with 67,000 square feet, is owned by its tenant, the National Academy of Recording Arts and Sciences.   The new ownership will embark on a comprehensive, multimillion-dollar renovation program. Planned u

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