February 27, 2010

Tom Hanks Pacific Palisades Home! (NEWS)

Tom Hanks is one of the biggest movie stars in the world, and now he's one of the biggesst real estate buyers in the world, as he just finished setting up a deal to buy a huge home in Los Angeles for the whopping sum of $26 million!

The sale is said to be the biggest real estate deal of the year so far in the city of Los Angeles.

Hanks procured the estate from Kathleen Kennedy and Frank Marshall, two fellow Hollywood bigwigs.

Hanks will move into the home and the real estate agents who brokered the deal will be going to Disneyland.

Tom Hanks Pacific Palisades (NEWS)

Tom Hanks bought a 14,500-square-foot home in Pacific Palisades for about $26 million, which is believed to be the biggest real estate transaction in Los Angeles this year. Hanks bought the contemporary four-bedroom home from movie producers Kathleen Kennedy and Frank Marshall, real estate sources told the Los Angeles Times. The house, built in 1996, was listed at slightly more than $26 million on Blockshopper.com, a news and market data service, and that would make it the most expensive home sale in the area this year, the newspaper reported...

Tom Hanks Pacific Palisades (NEWS)

Posted at February 27, 2010 4:29 AM