Broadway Trade Center Closed Transaction

Broadway Trade Center Closed Transaction

Ground has broken on the highly acclaimed Historic May Company Building restoration. This will be the largest impact on Downtown LA's prosperity in quite some time. Merchants and businesses for blocks around will benefit from this exciting venture.

LOS ANGELES, Calif. (August 21, 2014) –Frank Lahijani and Jeremiah Curry with Global Commercial Real Estate announced today the sale of the largest adaptive re-use project in Downtown Los Angeles history. Built in 1908, the 1,080,000 square foot building –formerly the Hamburger’s Department store and a May Company Department Store – will become a mixed-use creative office campus. The team represented the private, undisclosed family ownership in the sale to the Waterbridge Capital, who purchased the property for an undisclosed price. According to market experts, it is thought to be the largest conversion opportunity on the West Coast currently. It will also be the first creative campus of this size for the technology industry in Downtown Los Angeles.

04 Feb 2016 Global CRE

Global Commercial Real Estate
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