Derek Fords Acquires Office At 11788 West Pico Boulevard For $4.15M With Zacuto Group As Buyer's Rep

The transaction involved an office asset located at 11788 West Pico Boulevard in Los Angeles. The sale price for the property was $4,150,000, encompassing a total square footage of 7,000, which translates to a price per square foot of $593.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,150,000
• Address: 11788 West Pico Boulevard
• Market: Los Angeles
• Square Footage: 7,000
• Price per Square Foot: $593
• Buyer: Derek Fords
• Seller: David J. Patow
• Buyer's Representative: Jake Zacuto & Benjamin Khoubian - Zacuto Group
• Seller's Representative: Travis Landrum - Industry Partners

This deal marks Zacuto Group's 8th transaction around Pico Boulevard in the current year, and it is the 4th closed deal for representatives Jake Zacuto and Ben Khoubian. The involvement of Travis Landrum from Industry Partners as the seller's representative highlights the collaboration between different brokerage firms in this transaction.