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Steven Broukhim Acquires Industrial Properties In DTLA For $11.3M

1729 Wall Street, 1714 South Maple Avenue & 437 East Washington Boulevard
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This Industrial property located in CA was sold for $11,300,000 over 2 years ago. The brokers of the deal were John Hillman, Kevin Foley, and Gary Stache

The industrial property located at 1729 Wall Street, 1714 S. Maple Avenue, and 437 E. Washington Blvd. in DTLA has been sold for a total price of $11,300,000. The property spans a total of 53,064 square feet, resulting in a price per square foot of $212. The transaction took place on November 19, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $11,300,000
  • Address: 1729 Wall Street, 1714 S. Maple Avenue, and 437 E. Washington Blvd.
  • Market: DTLA
  • Square Footage: 53,064
  • Price per Square Foot: $212

The buyer of the property is Steven Broukhim, while the sellers are Brad and Penelope Broffman. The sale was facilitated by Kevin Foley, Gary Stache, and John Hillman from CBRE, representing the sellers.

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  • Location
    1729 Wall Street, Los Angeles, CA, USA1729 Wall Street, Los Angeles, CA, USA
  • Sale Price
    $11,300,000$11,300,000
    $213 PPSF$213 PPSF
  • Area
    53,064 SF53,064 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

John Hillman

John Hillman

Deals1
Sold$11.3M

Kevin Foley

Kevin Foley

Deals14
Sold$252M

Gary Stache

Gary Stache

Deals22
Financed$344.7M

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

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Deal Summary

SALE IMAGE: Kevin Foley, Gary Stache & John Hillman DATE: 11/19/2021 ADDRESS: 1729 Wall Street, 1714 S. Maple Avenue & 437 E. Washington Blvd. MARKET: DTLA ASSET TYPE: Industrial BUYER: Steven Broukhim SELLER: Brad & Penelope Broffman SELLER'S REP: Kevin Foley (@KPFoley), Gary Stache & John Hillman - CBRE SALE PRICE: $11,300,000 SF: 53,064 ~ PPSF: $212

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1729 Wall Street, 1714 South Maple Avenue & 437 East Washington Boulevard

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