David Hakimfar Purchases Office At 8752 Holloway Drive From Dylan Ruga For $2.6M

The property asset involved in the transaction is an office space located at 8752 Holloway Drive in the West Hollywood market. The asset was sold for $2,600,000, encompassing a total square footage of 3,196, which results in a price per square foot of $813.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,600,000
• Address: 8752 Holloway Drive
• Market: West Hollywood
• Square Footage: 3,196
• Price per Square Foot: $813
• Buyer: David Hakimfar
• Seller: Dylan Ruga
• Brokers: Jonathan Farasat - Maher Commercial Realty; Adam Tischer - Colliers

Jonathan Farasat and Adam Tischer co-listed the property for sale, representing both David Hakimfar and Dylan Ruga. This transaction marks Farasat’s second successful sale of this particular property, having previously facilitated a sale while representing Gary Dordick. The deal included an accelerated seven-day due diligence period and early removal of the buyer's financing contingency, ultimately closing ahead of schedule.