Austin Katz And Rick Katz Acquire Office Property At 2207 Colby Avenue For $3.025M

The property asset involved in this transaction is an office located at 2207 Colby Avenue in Los Angeles. The sale price was $3,025,000 for a total square footage of 4,950, resulting in a price per square foot of $611.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,025,000
• Address: 2207 Colby Avenue
• Market: Los Angeles
• Square Footage: 4,950
• Price Per Square Foot: $611
• Buyer: Austin Katz & Rick Katz
• Seller: Emiko Terasaki
• Buyer's Representative: Casey Mungo, SIOR & Zach Boebel - Daum Commercial Real Estate Services
• Seller's Representative: T.C. Macker & Woody Cook - WESTMAC Commercial Brokerage Company

This transaction involved multiple key individuals, including Austin Katz and Rick Katz as the buyers. Emiko Terasaki sold the property, and the negotiations were facilitated by their respective representatives: Casey Mungo and Zach Boebel represented the buyers, while T.C. Macker and Woody Cook represented the seller.