The asset involved is a Development Site located at 940 South Hill Street in Los Angeles. The sale price was $13,500,000, with a total area of 24,432 square feet and a price per square foot of $552. The transaction occurred in the Los Angeles market, with Mariano Antoci of Erewhon as the buyer and David Lee as the seller.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $13,500,000
• Address: 940 South Hill Street
• Market: Los Angeles
• Asset Type: Development Site
• Buyer: Mariano Antoci - Erewhon
• Seller: David Lee
• Buyer's Representative: Justin Kohanoff
• Seller's Representative: Joe Bolognese - Saxum West
• Sale Price: $13,500,000
• SF: 24,432
• PPSF: $552

The deal's key individuals behind the transaction include the buyer's representative Justin Kohanoff and the seller's representative Joe Bolognese of Saxum West, who facilitated the agreement on behalf of their respective principals.