A long-term lease has been secured by NewCorp Acquisitions, a retail company, for a 2,500 square foot building with pylon signage and a 6,500 square foot adjacent parking lot located at 11032 Magnolia Blvd in the highly walkable and coveted retail section of the NoHo Arts District in North Hollywood. The lease was negotiated by Haymakers, a commercial real estate brokerage, on behalf of the tenant. The property is owned by the Solakian Family Trust.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not mentioned
• Address: 11032 Magnolia Blvd
• Market: North Hollywood

Haymakers, represented by brokers Scott Schubiner and Steve Bermudez, successfully negotiated the relocation of a nearby sensitive use to allow the tenant to obtain the necessary permits for operation. This marks the third transaction completed by Haymakers on behalf of NewCorp Acquisitions. For more information, visit Haymakers' website at www.haymakers.com.