Tiffany & Brad Friedman Acquire Office Asset In West Los Angeles For $11.7M

The property involved in this transaction is an office building located at 2332-2340 S. Centinela in West Los Angeles. The sale took place on December 20, 2021. The asset has a total square footage of 11,687 and was sold at a price of $11,687,806, resulting in a price per square foot of $1,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,687,806
• Address: 2332-2340 S. Centinela
• Market: West Los Angeles

The buyer in this transaction was Tiffany & Brad Friedman, while David Zander acted as the seller. The seller was represented by George Wilson, David Wilson, and Brad McCoy from Lee & Associates West LA Inc.

A noteworthy aspect of this sale is that it represents a partial interest sale of 34.83%, with the buyer paying $3,073,984 and assuming $996,878 in debt. The sale price of $11,687,806 was based on a value of $1,000 per square foot.

This transaction provides insights into the key individuals and companies involved, highlighting the buyer, seller, and their respective representatives. It showcases the active role played by Tiffany & Brad Friedman as buyers, and George Wilson, David Wilson, and Brad McCoy as the seller's representatives from Lee & Associates West LA Inc.