SOLD
Government Of Bangladesh Acquires Office Building In Grove Adjacent, Los Angeles For $8.3M
501 South Fairfax, Los Angeles 90036
Office
11,547 SF
11,547 SF
Summary
Sale
CALIFORNIA
Office
11,547 sqft
The government of Bangladesh has acquired an office space located at 501 S. Fairfax in Los Angeles 90036 for a closing price of $8,300,000. The property, situated in the Grove Adjacent market, spans a total area of 11,547 square feet. The transaction marks the highest price per square foot this year for office space in Hollywood, Mid-City, or Park La Brea. The seller of the property was Miracle Mile Properties.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,300,000
- Address: 501 S. Fairfax, Los Angeles 90036
- Market: Grove Adjacent
- Square Footage: 11,547
Clark Everitt, William Everitt, Michael Pfeiffer, and Farideh Bogari from the Bogari Agency represented both the buyer and the seller in this transaction.
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Details
SOLD
IMAGE: Michael Pfeiffer @michaelcpfeiffer, Clark Everitt & William Everitt @everittgroup
DATE: 06/13/2019
ADDRESS: 501 S. Fairfax, Los Angeles 90036
MARKET: Grove Adjacent
ASSET TYPE: Officea
PRICE: $8,300,000
SF: 11,547
PPSF: $718.80.80a
BUYER: Government of Bangladesh
SELLER: Miracle Mile Properties
BROKERS: Clark Everitt, William Everitt, Michael Pfeiffer, Farideh Bogari - Bogari Agency
NOTES: The closing price represents the highest price per square foot this year for office space in Hollywood, Mid-City, or Park La Brea.View on map
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Address501 South Fairfax, Los Angeles 90036
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