M. David Family Holdings Acquires Other Asset In Los Angeles For $35M

The property located at 6855 La Cienega Blvd in Los Angeles was involved in a recent transaction. The asset, classified as an "Other" type, consists of a total square footage of 29,456. The transaction took place on 09/23/2021, with the buyer, M. David Family Holdings, acquiring the property from the seller, Red Mountain Retail Group, for a total price of $35,000,000.00.

Summary of transaction details:

• Property Type: Other
• Transaction Amount: $35,000,000.00
• Market: Los Angeles
• Buyer: M. David Family Holdings
• Seller: Red Mountain Retail Group
• Buyer's Representative: Kevin Held (SRS Real Estate Partners)
• Seller's Representative: Matthew "Matt" Schwartz (Newmark)
• Address: 6855 La Cienega Blvd, Los Angeles
• Square Footage: 29,456

Kevin Held from SRS Real Estate Partners represented the buyer, M. David Family Holdings, in this transaction, while the seller, Red Mountain Retail Group, was represented by Matthew "Matt" Schwartz from Newmark. Through their respective roles, they facilitated the successful sale of the property, showcasing their expertise in the real estate market of Los Angeles.