Kevin Staley Acquires Industrial Asset In Downtown Los Angeles For $7.35M

2515 S Broadway, located in Downtown Los Angeles, has been sold in a closed transaction for $7,350,000. This industrial property spans across 20,000 square feet, resulting in a price per square foot of $367.50. The transaction took place on 12/20/2019.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,350,000
• Address: 2515 S Broadway
• Market: Downtown Los Angeles
• Size: 20,000 square feet
• Price per Square Foot: $367.50

Kevin Staley is the buyer of the property, while Jennie Kim acted as the seller. Anthony Behar, from an unspecified agency, represented the parties involved in the transaction.

It is worth noting that the property will undergo repositioning to be used as a self-storage facility.