"A condo unit at the Maybourne Beverly Hills sold to the titan of a family-owned food maker and distributor in one of the priciest deals at the ultra-luxe property. The Real Deal previously reported unit 8E at 225 North Canon Drive went into contract last month, but the buyer and sale price were not known until now. The four-bed, six-bath unit sold Oct. 10 for $27 million, or $4,762 per square foot, according to the deed."
"Ohana Realty Corp.'s Tyrone Phillips and Soren Olsen represented both the buyer and seller in the deal. Calls to Phillips and Olsen were not returned Thursday. An Ohana spokesperson said the company doesn't comment on ownership and indicated another unit, renovated and fully furnished, had sold at the Maybourne in the past for an even pricier amount. Still, Zillow records indicate this month's deal is the most expensive on-market condo trade for the city of Beverly Hills in the trailing 12 months."
"A trust linked to Gustavo Marquez and Maria Esther Marquez made this month's record-setting Maybourne purchase, according to the deed on the 5,670-square-foot penthouse. The seller was another trust linked to philanthropist couple Paul and Hisako Terasaki. The late Paul Terasaki was an organ transplant researcher, while his wife was an etcher. Gustavo Marquez is an owner in food products maker and distributor Marquez Brothers International."
Unit 8E at 225 North Canon Drive, a four-bedroom, six-bath penthouse at the Maybourne Beverly Hills, sold on Oct. 10 for $27 million, or $4,762 per square foot. The penthouse spans 5,670 square feet and the buyer is a trust linked to Gustavo Marquez and Maria Esther Marquez. The seller was a trust tied to philanthropists Paul and Hisako Terasaki. Ohana Realty Corp.'s Tyrone Phillips and Soren Olsen represented both sides. Zillow data shows the sale as the most expensive on-market condo trade in Beverly Hills in the trailing 12 months and the county's second-priciest condo sale in that period.
Read at therealdeal.com
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