Century Park Partners Acquires Development Site In Inglewood From Hackman Capital Partners For $16.8M

Located in Inglewood, the development site at 8821 Aviation Blvd. has been sold in a recent transaction. The property spans across 72,000 square feet and is categorized as a development site. The sale price for this acquisition was reported at $16,800,000, with a price per buildable square foot (PPBSF) of $233.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $16,800,000
• Address: 8821 Aviation Blvd.
• Market: Inglewood

The buyer, Todd Katz from Century Park Partners, successfully acquired the property from the seller, Michael Hackman of Hackman Capital Partners. The sale was facilitated by brokers Bob Safai, Matt Case, Brad Schlaak, and John Beebe from Madison Partners. It is worth mentioning that John Beebe represents Todd Katz, Century Park Partners' interests as their broker representative in this deal.

Note: No additional information was provided regarding financing or any other significant details related to the transaction.