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Redcar Properties Acquires Office Building In Silverlake For $11M

Property Image
SOLD
$11,000,000

California

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Office35,000 SF
Sold 08/04/2022
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Property Image
SOLD

Redcar Properties Acquires Office Building In Silverlake For $11M

4122 West Sunset Boulevard, Los Angeles, California 90028, United States

See Similar Deals
Office35,000 SF
Sold 08/04/2022
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$314
Total Square Footage:35,000 SF
Transaction Type:Sale

A 35,000 square foot office building located at 4122 West Sunset Blvd. in Silverlake has been sold for $11,000,000. The property was purchased by Redcar Properties from the sellers Grosh Scenic Studio Inc. & TTADA LLC. The transaction was facilitated by brokers John Tronson & Thor Lee of Avison Young. The office building is situated in the Silverlake market, offering ample space for various business operations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $11,000,000
  • Square Footage: 35,000
  • Price Per Square Foot: $314

John Tronson & Thor Lee, representing Avison Young, played an essential role in facilitating the deal between Redcar Properties and the sellers, Grosh Scenic Studio Inc. & TTADA LLC. Their expert guidance and negotiation skills helped ensure a successful transaction. The sale of this office building marks a significant milestone in the Silverlake market, demonstrating continued growth and demand for commercial properties in the area.

Players

John Tronson
3 deals$28.5M volume
BROKER

Thor Lee
Avison Young
1 deal$11M volume
BROKER

BUYER

Details

SOLD
IMAGE: John Tronson & Thor Lee DATE: 08/04/2022 ADDRESS: 4122 West Sunset Blvd. MARKET: Silverlake ASSET TYPE: Office BUYER: Redcar Properties SELLER: Grosh Scenic Studio Inc. & TTADA LLC BROKERS: John Tronson & Thor Lee - Avison Young (@Avison_Young_Global) SALE PRICE: $11,000,000 SF: 35,000 ~ PPSF: $314

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