The property asset involved in this transaction is a retail space located at 1237-1239 Abbot Kinney in Venice. The space encompasses an area of 4,125 square feet. This lease marks a new occupancy as Truly Pizza takes over the retail location, which was previously occupied by Greenleaf.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 1237-1239 Abbot Kinney
• Market: Venice
• Tenant: Truly Pizza
• Landlord's Representative: Lauren Aboulafia - Conroy Commercial
• Landlord's Representative: Linnard Lane - High Touch Group
• Tenant's Representatives: Jay Luchs & James Nugent - Newmark

This lease transition to Truly Pizza highlights the growing demand for prime retail space along Abbot Kinney. Truly Pizza is recognized for its craft-focused, artisanal pizza offerings, including whole-pie menus and house-made desserts, fostering a community-driven hospitality approach.