Haymakers Secures Long-Term Lease For NewCorp Acquisitions In North Hollywood Retail District | 11032 Magnolia Boulevard | Steve Bermudez, Scott Schubiner | Retail | Lease

Summary

Lease

CALIFORNIA

Retail

9,000 sqft

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.

Players

All
3

Agents
2
Agencies
1

Steve Bermudez

Chief Executive Officer

Scott Schubiner

President

Haymakers

Details

Deal Summary

LEASED

IMAGE: Scott Schubiner & Steve Bermudez DATE: 07/20/2022 ADDRESS: 11032 Magnolia Blvd. MARKET: North Hollywood ASSET TYPE: Retail LANDLORD: Solakian Family Trust TENANT: NewCorp Acquisitions BROKERS: Scott Schubiner & Steve Bermudez - Haymakers ASKING RENT: $5/ft. ~ SF: 9,000 NOTE FROM BROKERS: Haymakers, a commercial real estate brokerage licensed in CA, FL, & NY, secured a long-term lease of a 2,500 SF building with pylon signage & 6,500 SF adjacent parking lot in the heart of the highly walkable & coveted retail section of the NoHo Arts District. Haymakers successfully negotiated the relocation of a nearby sensitive use, allowing the tenant to obtain its necessary permits for operation. This marks the third transaction completed by Haymakers on behalf of the tenant. www.haymakers.com

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Address11032 Magnolia Boulevard

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