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Faring Acquires West Hollywood Development Site For $29.6M

Property Image
SOLD
$29,600,000

California

See Similar Deals
Development Site70,000 SF
Sold 12/10/2019
the dealdetailscomps
Property Image
SOLD

Faring Acquires West Hollywood Development Site For $29.6M

1000 North La Brea Avenue, West Hollywood, CA, USA

See Similar Deals
Development Site70,000 SF
Sold 12/10/2019
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$422
Total Square Footage:70,000 SF
Transaction Type:Sale

A development site located at 1000-1028 N. La Brea Avenue, 1011-1013 Sycamore Avenue, and 7061 W. Romaine Street in West Hollywood has been sold for $29,600,000. The property spans 70,000 square feet and has a price per buildable square foot of $422. The transaction took place on December 10, 2019.

Summary of transation details

  • Property Type: Development site
  • Transaction Amount: $29,600,000
  • Address: 1000-1028 N. La Brea Avenue, 1011-1013 Sycamore Avenue, 7061 W. Romaine Street
  • Market: West Hollywood
  • BSF: 70,000
  • PPBSF: $422

The buyer of the property is Faring, with Jason Illoulian representing the company in the deal.

Players

F
Faring
BUYER

Details

SOLD
IMAGE: Jason Illoulian DATE: 12/10/2019 ADDRESS: 1000-1028 N. La Brea Avenue, 1011-1013 Sycamore Avenue, 7061 W. Romaine Street MARKET: West Hollywood ASSET TYPE: Development site BUYER: Faring - Jason Illoulian PRICE: $29,600,000 BSF: 70,000 ~ PPBSF: $422

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