Fox Ridge Capital, TKF Real Estate Investment & Jax Capital Investments Acquire Hollywood Office Building For $50M

The office property located at 3440 Hollywood Boulevard and 200-300 S Park Road in Hollywood has been sold. The transaction took place on August 30, 2021. The property, spanning 253,742 square feet, was sold for a total price of $50,000,000, resulting in a price per square foot of $197. The buyer of the property includes Fox Ridge Capital, TKF Real Estate Investment, and Jax Capital Investments, while the seller was Black Creek Capital.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $50,000,000
• Square Footage: 253,742
• Price per Square Foot: $197
• Address: 3440 Hollywood Boulevard & 200-300 S Park Road
• Market: Hollywood

The sale of this office property was facilitated by Dominic Montazemi, Scott O’Donnell, and Mike Davis from Cushman & Wakefield. They represented the buyer's side, which includes Fox Ridge Capital, TKF Real Estate Investment, and Jax Capital Investments, in this transaction.