Maria Ci Acquires Office Building In West Hollywood For $9M

The office building located at 1111-1117 N. Formosa Avenue in West Hollywood has been sold for $9,000,000. The property spans 14,100 square feet, resulting in a price per square foot of $638. The transaction took place on October 1, 2021. The buyer, Maria Ci, was represented by Jared Swedelson of NAI Capital, while the seller, Jeff Van, was represented by Chris Spirito of Stafford Commercial Inc.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $9,000,000
• Square Footage: 14,100
• Price per Square Foot: $638
• Address: 1111-1117 N. Formosa Avenue, West Hollywood
• Transaction Date: October 1, 2021

Jared Swedelson of NAI Capital and Chris Spirito of Stafford Commercial Inc. played crucial roles as the buyer's and seller's representatives, respectively, in this office property sale.