The Lightstone Group, led by David Lichtenstein, has leased a retail space located at 1240 South Figueroa Street in Los Angeles. The property spans 7,921 square feet and is part of the newly developed Moxy/AC Hotels project near Crypto.com Arena and the LA Convention Center.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 1240 South Figueroa Street, Los Angeles
• Market: Los Angeles

The tenant, 33 Taps, is a sports bar owned by Ryan Floyd. The lease was facilitated by Justin Weiss and Lee Shapiro of Kennedy Wilson Brokerage. The aim of the lease is to cater to event attendees, hotel guests, and the South Park neighborhood, offering additional dining and entertainment options. No additional information about the terms of the lease or financial details were provided.