Seamus Lamb Acquires Development Site In Hollywood For $4.5M

A development site located at 1829, 1833, 1847, 1849, 1853, and 1857 Madison Street in Hollywood has been sold for $4,500,000. The property spans a total of 51,836 square feet, with a price per square foot of $86. The buyer of the property is Seamus Lamb, while the seller is Nir Gavara. The transaction was facilitated by brokers Joseph Thomas, Adam Duncan, Aaron O'Connor, and Alec Demetriou from Marcus & Millichap.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,500,000
• Buyer: Seamus Lamb
• Seller: Nir Gavara
• Brokers: Joseph Thomas, Adam Duncan, Aaron O'Connor, Alec Demetriou - Marcus & Millichap
• Square Footage: 51,836
• Price per Square Foot: $86

The sale of this development site on Madison Street highlights the successful collaboration between buyer Seamus Lamb and seller Nir Gavara. Facilitating the deal were brokers Joseph Thomas, Adam Duncan, Aaron O'Connor, and Alec Demetriou from Marcus & Millichap. The transaction price of $4,500,000 reflects a price per square foot of $86 for the property that spans a total of 51,836 square feet.