SOLD
Boardwalk Property Development, LLC Acquires Industrial Property In Playa Vista/Culver City For $8M
11847, 11855, 11861 Teale Street
Industrial
12,321 SF
12,321 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
12,321 sqft
The industrial property located at 11847, 11855, and 11861 Teale St in Playa Vista/Culver City has been sold for a total price of $8,000,000. The property spans across 12,321 square feet, resulting in a price per square foot of $649.30.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Address: 11847, 11855, 11861 Teale St
- Market: Playa Vista/Culver City
Boardwalk Property Development, LLC acted as the buyer in this transaction, while PV Triangle Properties, LLC served as the seller. Representing the buyer were brokers John Lally, Ryan Serling, and Martin Agnew from Marcus & Millichap, along with Monica Trepany from Playa Vista Realty. Mollie Dietsch from Lee & Associates, Commerce represented the buyer.
It is worth noting that the property was listed by both Marcus & Millichap and Playa Realty, with Lee & Associates, Commerce involved in representing the buyer, Boardwalk Property Development, LLC.
Players
All
7
Agents
5
Agencies
2
Details
SOLD
IMAGE: Martin Agnew @martyagnew, John Lally, Ryan Serling @ryanrs14 & Monica Trepany @agnewserlinggroup
DATE: 10/18/2019
ADDRESS: 11847, 11855, 11861 Teale St
MARKET: Playa Vista/Culver City
ASSET TYPE: Industrial
BUYER: Boardwalk Property Development, LLC
SELLER: PV Triangle Properties, LLC
BROKERS: John Lally, Ryan Serling, Martin Agnew - Marcus & Millichap; Monica Trepany - Playa Vista Realty, Mollie Dietsch - Lee & Associates
PRICE: $8,000,000
SF: 12,321 ~ PPSF: $649.30.30
NOTES: The property was co-listed between Marcus & Millichap and Playa Realty. The Buyer was represented by Mollie Dietsch of Lee & Associates, Commerce.View on map
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Address11847, 11855, 11861 Teale Street
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