The property asset involved in this transaction is an office building located at 747 Seward Street in Hollywood, Los Angeles. The building was acquired for a total sale price of $3,250,000. This acquisition adds to Brian Ballard's portfolio, following his earlier purchase of the adjacent property at 743 Seward Street for $10.95 million in 2023, and is intended for future development and parking.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,250,000
• Buyer: Brian Ballard - Ballard Partners
• Brokers: Christopher Steck & John Anthony - Kidder Mathews
• Address: 747 Seward Street
• Market: Hollywood, Los Angeles

Brian Ballard's strategic acquisition of the property emphasizes his continued investment in the Hollywood area, enhancing the potential for future developments. The deal was brokered by Christopher Steck and John Anthony, who successfully facilitated the transaction for Kidder Mathews.