Auction.com Trades Manhattan Towers in Record Online Deal

Irvine-based Auction.com says the recent sale of the 309k SF Manhattan Towers in Manhattan Beach is "the largest online real estate transaction ever"—and in fact, the largest e-commerce sale period, one for the Guinness Book of World Records. According to that publication, the current top online sale was the purchase of a Gulfstream V jet by billionaire Mark Cuban. Manhattan Towers sold for a bit north of $96M, with CWCapital the seller and the broker was Eastdil Secured, the Orange County Register reports. The buyer hasn't been disclosed. [OCR]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Orange County Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Boston Waterfront Property Planned For Hotel Project Put Up For Sale