Daum Commercial Real Estate Acquires 7,100 SF Industrial Property In LA's Arts District For $4.4M

A 7,100 sq ft industrial property located at 2133 Bay Street in Los Angeles' Arts District has been sold for $4.4 million. The transaction took place between Part-Rosin Properties LLC, the seller, and an undisclosed buyer who is a branded apparel developer. The sale of the property reflects the high demand in the area and strategically positions the new owner within the bustling Arts District amidst ongoing major construction projects.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,400,000
• Square Footage: 7,100 sq ft
• Price per Square Foot: $620
• Address: 2133 Bay Street, Los Angeles
• Market: Los Angeles

The buyer in this transaction was represented by Lindsay Park & Ryan Judd from Daum Commercial Real Estate Services. Serving as the seller's representative was Chad Maxner from Maxner Real Estate. This deal showcases the involvement of key individuals and companies in the real estate industry, facilitating the smooth and efficient transfer of ownership for the industrial property in LA's Arts District.