Inman

Santa Monica office building sold

Charles Dunn Co. negotiated the sale of a 110,000-square-foot office building in Santa Monica, Calif.

The value of the transaction was $31.6 million.

Built in 1981, the six-story building is located at 520 Broadway Ave.

Charles Dunn represented the seller, SM Broadway Corp., in the sale. T.C. Macker and Christian Holland of Coldwell Banker Commercial WESTMAC represented the buyer, Palrock LLC.

Los Angeles-based Charles Dunn Co. is a full-service brokerage and property management company.

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