Ryan Hekmat Of Uncommon Developers Acquires NoHo Collection Office Properties For $45 Million

The NoHo Collection consists of two office properties located at 5200 Lankershim Boulevard and 4640 Lankershim Boulevard in North Hollywood's Arts District. The properties encompass a total area of 259,534 square feet and were sold for a total price of $45 million, equating to $173 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $45,000,000
• Buyer: Ryan Hekmat - Uncommon Developers
• Seller: Rockwood Capital & Mark R. Laderman - Artisan Realty Partners
• Brokerage: Ken White, Kevin Shannon, Laura Stumm, Michael Moll, Michael Kolcum & Rob Hannan - Newmark

Ryan Hekmat, representing Uncommon Developers, is the buyer in this transaction, while Rockwood Capital and Mark R. Laderman of Artisan Realty Partners serve as the sellers. The transaction was facilitated by a brokerage team from Newmark.