The iconic Binoculars Building, a Frank Gehry-designed creative office property that’s home to technology giant Google and minutes away from the Venice Beach Boardwalk, has sold for $39.6 million, according to property records. The city transfer tax on 340 Main Street, which includes a special tax via Measure ULA, the so-called mansion tax, amounted to more than $2 million. The seller is connected to W.P. Carey, whose spin-off Net Lease Office Properties listed the creative office building last year, The Real Deal previously reported. The company purchased the property for about $18 million decades ago and later shifted many office […]
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