Blumhouse Productions Acquires Office Building In Los Angeles For $2.7M

The property involved in this transaction is an office building located at 2410 Beverly Blvd, Los Angeles, CA. The asset was sold for $2,700,000.00, translating to $486 per square foot, and encompasses a total area of 5,490 square feet. This transaction took place in the Los Angeles market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,700,000.00
• Address: 2410 Beverly Blvd, Los Angeles, CA
• Square Footage: 5,490 SF
• Seller's Representatives: Nathan Pellow - Colliers International, Patrick Moody - CBRE
• Buyer: Blumhouse Productions

The seller of the property, Kessel & Associates, facilitated the transaction. Blumhouse Productions, known for its production of horror film franchises, currently owns two nearby office buildings and aims to expand its operations into this newly acquired property.