PPG Development Acquires Development Site From The Club Of Emerald Hills For $20M

This development site is located at 4100 North Hills Drive in the Hollywood market. The transaction involved a sale price of $20,000,000 and spans a total square footage of 70,000, resulting in a price per square foot of $285.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $20,000,000
• Buyer: PPG Development
• Seller: The Club of Emerald Hills
• Broker: Aaron Kurlansky - Sheridan Capital

Aaron Kurlansky, serving as the Chief Executive Officer, played a key role in facilitating this transaction as the broker representing both parties involved in the sale. The deal marks a significant shift in ownership within the development space in Hollywood.