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Real Estate/Development

May 2, 2013

Real Estate Deals

New York-based Sorgente Group of America Corp. purchased the Santa Monica Clock Tower for $34.3 million from a private investor.


DEALMAKERS

Santa Monica Clock Tower sells for $34.3 million


New York-based Sorgente Group of America Corp. purchased the Santa Monica Clock Tower for $34.3 million from a private investor with the help of in-house counsel. Located at the Bay Cities Guaranty Building at 225 Santa Monica Blvd., the 12-story, 53,465 square-foot tower sold for approximately $642 per square foot.


New York-based general counsel Brian T. Isaacson pro...

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