Redcar Properties Acquires Office Building In Silverlake For $11M

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.