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Buck Design Acquires Property At 2626 Lacy St Los Angeles For $20 Million With Buyer's Rep Jack Cline

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SOLD
$20,000,000

California

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Commercial90,000 SF
Sold 08/22/2017
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SOLD

Buck Design Acquires Property At 2626 Lacy St Los Angeles For $20 Million With Buyer's Rep Jack Cline

2626 Lacy St, Los Angeles, CA, 90031

See Similar Deals
Commercial90,000 SF
Sold 08/22/2017
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Summary

CALIFORNIA
Asset Type:Commercial
Price Per Square Foot:$222
Total Square Footage:90,000 SF
Transaction Type:Sale

The property at 2626 Lacy St, Los Angeles, CA, 90031, sold for $20,000,000.00. The asset spans 90,000 square feet and consists of nine buildings situated on 2 acres of land. This location was previously home to the Lacy Street Production Center for over 35 years and is positioned across from the Lincoln/Cypress Metro Station, in the Los Angeles market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $20,000,000.00
  • Square Footage: 90,000
  • Address: 2626 Lacy St, Los Angeles, CA, 90031
  • Market: Los Angeles
  • Buyer: Buck Design
  • Buyer's Representative: Jack Cline - Lee & Associates
  • Seller: Don Randles, via a family trust

The transaction involved multiple parties in the listing, including Morgan McMullin of Partners Trust Commercial and Chris Thompson, Clark Everitt, and William Everitt of Investment Real Estate Associates. The complex's previous significance was highlighted by its use in notable films such as "LA Confidential" and “Dead Presidents.”

Players

Jack Cline
3 deals$236.5M volume
BROKER

BUYER

Details

SOLD
IMAGE: 2626 Lacy St, Los Angeles, CA, 90031 MARKET: Los Angeles BUYER'S REP: Jack Cline(Lee & Associates) BUYER: Buck Design SELLER: PRICE: $20,000,000.00 SF: 90000

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