Santa Monica Clock Tower Sells For $34.3 Million

Tuesday, 30 Apr 2013, 10:36:00 AM

Mitch James

The Santa Monica Clock Tower has been sold for $34.3 million.
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The Santa Monica Clock Tower has been sold for $34.3 million.

The Santa Monica Clock Tower in downtown Santa Monica has sold for $34.3 million, according to The CoStar Group.

The CoStar Group says a private investor sold the 12-story, 53,465-square-foot office building for $642 per square foot to Sorgente Group of America.

This is the second California property for Sorgente Group of America -- it owns the 120,000-square-foot Fine Arts Building in Los Angeles.

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