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Report: Santa Monica, Calif., office buildings to sell for $350M

David Ellison, the founder of Skydance Media, is close to buying two buildings in the Lantana office complex in Santa Monica, Calif., for roughly $350 million, The Real Deal reported, citing unnamed sources.

The two buildings, Lantana Center and Lantana West, comprise the complex's north campus and total 278,680 square feet.

The properties are being sold by a joint venture between Artisan Realty Advisors and Brightstone Capital Partners.

The selling joint venture also intends to place two buildings in the complex's south portion on the market through Eastdil, the publication added, citing the sources.

Representatives for Skydance and Artisan Realty declined to comment, and Brighstone could not be reached for comment, according to the March 12 report.