Published On:
Fri, Nov 11th, 2016
Oracle to buy office building in Santa Monica for $368 Million: sources
Software firm inks $1, 165 psf deal for property with Invesco in area's priciest ppsf sale
, Oracle is in contract to pay Invesco $368 million, for an office building at 2700 Colorado Avenue, The Real Deal has learned. This equals $1, 165 per square foot making it one of the most expensive deals in Santa Monica.
Larry Ellison’s cloud-computing firm will take more that 100, 000 square feet in the 316, 000-square, five-story building.
Read the full story at The Real Deal, by Hannah Miet
Read more about: Invesco, Larry Ellison, Oracle, Santa Monica About the Author
