July 2, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

The Swig Company and Intercontinental Real Estate Corporation Acquire 6300 Wilshire

The acquisition of 6300 Wilshire marks the second prominent Westside office property to be acquired by Swig and Intercontinental in the past 6 months.
The acquisition of 6300 Wilshire marks the second prominent Westside office property to be acquired by Swig and Intercontinental in the past 6 months.

A joint venture between The Swig Company of San Francisco and Boston-based Intercontinental Real Estate Corporation has acquired 6300 Wilshire, one of the largest and most prominent office buildings located along the Miracle Mile in Los Angeles’ Westside. Terms of the transaction were not disclosed.

6300 Wilshire is a 22-story Class A office tower with approximately 408,000 square feet of high quality office space and parking for 950 cars in a six-level garage and nearby surface lot.  The building is well-positioned to benefit from the resurgence of development activity occurring in the Miracle Mile and Fairfax Commercial Districts which include several new residential projects, the multi-million dollar renovation of the Peterson Automotive Museum, the new Academy of Motion Pictures Museum, and the extension of the Purple Line of the Los Angeles Metro System.  The new owners are planning significant additional investment into the property to elevate the building’s position as a premier Westside office location.

“6300 Wilshire’s central location in close proximity to Beverly Hills, Hollywood and the resurgent Fairfax and West 3rd Street commercial corridors is a major attraction of this acquisition,” said Tomas Schoenberg, Executive Vice President of Investments for The Swig Company.  “6300 Wilshire’s central location, awesome views, ample parking, large floor plates, and lower cost structure make it a very compelling business location for entertainment, media, advertising and other creative companies, as well as the firms servicing these users. Moreover, the planned expansion of the LA Metro will provide a critical public transportation link from 6300 Wilshire to the rest of the Los Angeles basin and will be a game-changer by improving the commute experience, an increasing factor in attracting and retaining employees.”

Intercontinental made the investment with The Swig Company on behalf of its latest managed fund, which has investments in more than 80 commercial assets nationwide.  This is the second joint venture transaction Intercontinental has concluded with The Swig Company. Late last year, the two firms teamed to acquire Bristol 61, a creative office campus in Culver City.

“This acquisition represents a significant addition to our West Coast portfolio.  We see tremendous opportunity for value creation in the Los Angeles basin and plan to continue our aggressive acquisition activity in the region,” said Jessica Levin, Director of Acquisitions for Intercontinental.  “We are also excited to continue to build on our relationship with The Swig Company.  Our two firms share similar views about the long-term prospects of the market and are very compatible in terms of the skills we each bring to our partnership,” she added.

Stephen Somer of Eastdil Secured brokered the transaction on behalf of the sellers, Legacy Partners. Tony Ratner of the law firm Farella Braun + Martel and Kendall Brook and Mark Warcup of the law firm Bradley & Associates P.C. represented the buyers in the transaction.

 The CBRE leasing team of Joel Frank and Alex Bergeson will be retained to handle leasing on behalf of the new owners. Matthew Flotta, Regional Director of Asset Management for Intercontinental, will oversee the property on behalf of Intercontinental.  Swig’s regional management team in Southern California, led by Senior Vice President Cory Kristoff, will handle day-to-day operations of the building.

 

 

in News
Related Posts

(Video) Los Angeles County Supervisor from the 2nd district, Holly J. Mitchel, Gives a Powerful Speech

June 30, 2025

June 30, 2025

Supervisor Mitchell Called on Residents to take action at the rally for Ambrocio “Enrique” Lozano in Culver City.

Top Military Commander Urges Return of Troops Deployed to ICE Protest Response

June 30, 2025

June 30, 2025

General Requests 200 National Guard Soldiers Be Returned to California Wildfire Unit The senior U.S. military officer overseeing federal forces...

Second Victim Killed Alongside LAPD Sergeant in Brentwood 405 Crash Identified

June 30, 2025

June 30, 2025

Authorities Confirm Garcia, 34, Died at the Scene, GoFundMe Launched  Authorities have identified the civilian who was killed alongside a...

The Westside Lights Up for July 4: Fireworks, Drone Shows, and Parades Return Across West Los Angeles

June 30, 2025

June 30, 2025

From Marina Del Rey’s Fireworks to Culver City’s 1980s-Themed Drone Show, Get Ready to Celebrate From fireworks over Marina del...

California Judge Rules FAIR Plan’s Smoke Damage Policy Unlawful

June 29, 2025

June 29, 2025

Court Says Wildfire Insurance Program Illegally Denied Claims Legal protections for California homeowners took a step forward this week after...

(Video) Culver City Residents and City and County Leaders Rally for Disappeared Ice Cream Man Ambrocio “Enrique” Lozano

June 29, 2025

June 29, 2025

US Representative for California’s 37th Congressional District, Sydney Kamlager-Dove Speaks About What is happening to the disappeared.

Historic Sawtelle Nursery Site Could Become 40-Unit Townhome Complex

June 29, 2025

June 29, 2025

Sawtelle Continues to Change as Nursery Site Faces Redevelopment Plans have been submitted to redevelop a nursery site, F.K. Nursery,...

Drake Slashes Price on Beverly Hills Estate to $79 Million Amid Market Slowdown

June 29, 2025

June 29, 2025

Price Cut Adds to a Broader Retreat From His Los Angeles Real Estate Holdings. Musician Drake has reduced the price...

Iranian Pastor in West L.A. Speaks as Church Rocked by Immigration Raids 

June 28, 2025

June 28, 2025

Five Detained as Fear Spreads Through Persian Christian Faith Community  Fear has spread through a West Los Angeles congregation after...

Overdose Deaths Drop 22% in Los Angeles County, Marking Largest Decline on Record

June 28, 2025

June 28, 2025

Fentanyl Fatalities Fell 37% as County Ramps up Funding for Prevention, Treatment Drug overdose deaths in Los Angeles County declined...

Cinespia Brings Fireworks and Fan Favorites to Hollywood Forever This July

June 27, 2025

June 27, 2025

Watch Top Gun, La La Land, and More Under the Stars at Hollywood Forever Cinespia, Los Angeles’ iconic outdoor movie...

California Doubles Down on Hollywood: $750M in Tax Credits Approved for Film and TV Industry

June 27, 2025

June 27, 2025

State Lawmakers Back Major Expansion of Production Incentives, Raising Job Projections Los Angeles’ film and television industry is poised to...

Pedestrian Killed on 405 Freeway to State Route 90 Connector in Culver City 

June 27, 2025

June 27, 2025

Fatal Crash on Culver City Adds to Growing Safety Concerns Early Friday, a pedestrian died after being struck by a...

EEEEEATSCON Los Angeles Returns with Star Chefs, Firefighter Tribute, and Wildfire Relief Efforts

June 27, 2025

June 27, 2025

Culinary Festival Features Exclusive Restaurant Collabs, Support for Small Businesses  EEEEEATSCON Los Angeles, the celebrated food festival curated by The...

Supporters to Gather This Weekend for Longtime Culver City Paleta Seller Held in Detention

June 27, 2025

June 27, 2025

Family and Neighbors Will Gather Sunday to Sell Paletas and Raise Funds Supporters will gather this Sunday at Veterans Park...