UNFOLD Acquires Creative Office At 11811 Teale Street Culver City From Therapy Studios For $11M

11811 Teale Street is a creative office asset located in Culver City, comprising 13,110 square feet. The transaction for the property was completed at a sale price of $11,000,000, resulting in a price per square foot of $839.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,000,000
• Address: 11811 Teale Street
• Market: Culver City
• Square Footage: 13,110
• Price per Square Foot: $839
• Buyer: Daniel Weisinger - UNFOLD
• Seller: Therapy Studios
• Buyer's Representative: Ben Silver - JLL
• Seller's Representatives: Travis Landrum & Trevor Belden - Industry Partners

UNFOLD, represented by Ben Silver from JLL, acquired the property to expand its adjacent campus. The seller, Therapy Studios, was represented by Travis Landrum and Trevor Belden of Industry Partners in the transaction.