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Hatchspaces Acquires Development Site On Pico Boulevard In West LA

Property Image
SOLD
$10,800,000

California

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Development Site80,000 SF
Sold 07/01/2020
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Property Image
SOLD

Hatchspaces Acquires Development Site On Pico Boulevard In West LA

11069 West Pico Boulevard, Los Angeles, CA 90064

See Similar Deals
Development Site80,000 SF
Sold 07/01/2020
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$135
Total Square Footage:80,000 SF
Transaction Type:Sale

The development site located at 11069 Pico Boulevard in West LA has been sold. The property, owned by Nancy Rosenbloom, was purchased by Hatchspaces for a total of $10,800,000. The site has a building size of 80,000 square feet and a price per square foot of $135. The transaction was facilitated by brokers Paul Darrow and Kevin Green from THG Multifamily, representing Marcus Millichap.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $10,800,000
  • Address: 11069 Pico Boulevard, West LA
  • Market: West LA
  • Buyer: Hatchspaces
  • Seller: Nancy Rosenbloom
  • Brokers: Paul Darrow & Kevin Green (THG Multifamily) - Marcus Millichap
  • Building Size: 80,000 square feet
  • Price per Square Foot: $135

The sale of the property was finalized on 07/01/2021. Paul Darrow and Kevin Green, representing THG Multifamily at Marcus Millichap, played a crucial role in facilitating the transaction.

Players

Kevin Green
54 deals$3.5B volume(310) 706-4416
BROKER

Paul Darrow
Walker & Dunlop
16 deals$216.2M volume
BROKER

BUYER

Details

SOLD
IMAGE: Paul Darrow & Kevin Green DATE: 07/01/2021 ADDRESS: 11069 Pico Boulevard MARKET: West LA ASSET TYPE: Development Site BUYER: Hatchspaces SELLER: Nancy Rosenbloom BROKERS: Paul Darrow & Kevin Green (THG Multifamily) - Marcus Millichap SALE PRICE: $10,800,000 BSF: 80,000 ~ PPSF: $135

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