Los Angeles Opera Leases Industrial Space In Vernon For $55/sf

The property asset involved in this transaction is an industrial space located at 4500 District Blvd in Vernon. The asset has a total square footage of 40,000 and was leased at an asking price of $55 per square foot.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $55/sf
• Address: 4500 District Blvd
• Market: Vernon
• Tenant: Los Angeles Opera
• Landlord: DAZ Investments
• Brokers: Brian Rivera - Compass Commercial, Partners CRE

Key individuals involved in the deal include Brian Rivera, who represented the landlord at Compass Commercial, along with Partners CRE, who were part of the brokerage team for the transaction.