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

FoxRock Buys Quincy Office At 78% Discount After Luring Tenant Away

SL Green's $2.5B Sell-Off Hits Interest Rate Snag

Bill Barr's Law Firm Expands Footprint In Move To Pennsylvania Avenue

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

Elecor, Formerly Paramount Group, Gains New Muscle With Rithm In Its Corner

'Ultra-Luxury' Inner Loop Office Tower Planned Near The Galleria

Dean Adler Looks To Sell 'The Best Property We Own'

2.1M SF Chicago Office Complex Set For November Sheriff's Auction

2 Fulton Market Moves Signal Strength Of Top-Shelf Office Market

Sir George Iacobescu Has A Message For Developers Sitting On The Sidelines

JPMorgan's Chicago Office Renovation Costing Bank Over $800M, Dimon Says

BXP Lands Equity Partner For Madison Avenue Office Project