Rockwood Capital And Artisan Realty Partners Acquire North Hollywood Office Building For $30M

The office property located at 4640 Lankershim Boulevard in North Hollywood has been sold for a price of $30,000,000. The transaction took place on 11/08/2019. The property spans across 74,000 square feet, resulting in a price per square foot of $406. The seller of the property was Swift Real Estate Partners, while the buyer consisted of Rockwood Capital represented by Walter Schmidt and Artisan Realty Partners represented by Mark Laderman. The deal was facilitated by Kevin Shannon from Newmark Knight Frank.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $30,000,000
• Address: 4640 Lankershim Boulevard
• Market: North Hollywood
• Square Footage: 74,000
• Price per Square Foot: $406

Walter Schmidt, representing Rockwood Capital, and Mark Laderman, representing Artisan Realty Partners, were the key individuals involved in the purchase of the property. Kevin Shannon from Newmark Knight Frank served as the broker in this deal.