Steven Broukhim Acquires Industrial Properties In DTLA For $11.3M

The industrial property located at 1729 Wall Street, 1714 S. Maple Avenue, and 437 E. Washington Blvd. in DTLA has been sold for a total price of $11,300,000. The property spans a total of 53,064 square feet, resulting in a price per square foot of $212. The transaction took place on November 19, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $11,300,000
• Address: 1729 Wall Street, 1714 S. Maple Avenue, and 437 E. Washington Blvd.
• Market: DTLA
• Square Footage: 53,064
• Price per Square Foot: $212

The buyer of the property is Steven Broukhim, while the sellers are Brad and Penelope Broffman. The sale was facilitated by Kevin Foley, Gary Stache, and John Hillman from CBRE, representing the sellers.