LEASED
NewCorp Acquisitions Signs Long-Term Lease In North Hollywood Arts District
11032 Magnolia Boulevard
Retail
9,000 SF
9,000 SF
Leased 1 year ago
Summary
Lease
CALIFORNIA
Retail
9,000 sqft
The leased property in this transaction is a retail space located at 11032 Magnolia Blvd in North Hollywood. The property, with a size of 9,000 square feet, was leased by NewCorp Acquisitions from the Solakian Family Trust. The lease was secured by Scott Schubiner & Steve Bermudez from Haymakers, a commercial real estate brokerage licensed in CA, FL, & NY.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: July 20, 2022
- Address: 11032 Magnolia Blvd
- Market: North Hollywood
Haymakers successfully negotiated the lease for NewCorp Acquisitions, allowing them to obtain the necessary permits for operation. The property is situated in the highly walkable and coveted retail section of the NoHo Arts District. This marks the third transaction completed by Haymakers on behalf of the tenant.
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Details
LEASED
IMAGE: Scott Schubiner & Steve Bermudez
DATE: 07/20/2022
ADDRESS: 11032 Magnolia Blvd.
MARKET: North Hollywood
ASSET TYPE: Retail
LANDLORD: Solakian Family Trust
TENANT: NewCorp Acquisitions
BROKERS: Scott Schubiner & Steve Bermudez - Haymakers
ASKING RENT: $5/ft. ~ SF: 9,000
NOTE FROM BROKERS: Haymakers, a commercial real estate brokerage licensed in CA, FL, & NY, secured a long-term lease of a 2,500 SF building with pylon signage & 6,500 SF adjacent parking lot in the heart of the highly walkable & coveted retail section of the NoHo Arts District. Haymakers successfully negotiated the relocation of a nearby sensitive use, allowing the tenant to obtain its necessary permits for operation. This marks the third transaction completed by Haymakers on behalf of the tenant.
www.haymakers.comView on map
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Address11032 Magnolia Boulevard
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