• $22,600,000

    Sale Price

  • 03/30/2021

    Closing Date

  • 29,690

    Square Feet

  • 100%

    Occupancy

  • 6.8 Years

    WALT

  • 2018

    Year Renovated

$22,600,000

Sale Price

03/30/2021

Closing Date

29,690

Square Feet

100%

Occupancy

6.8 Years

WALT

2018

Year Renovated

Sale Summary

Address

  • 3317-3325 Exposition Place
    Los Angeles, CA 90018

Sale Details

  • Sale Price$22,600,000
  • Closing Date03/30/2021
  • BuyerThe Luzzatto Company
  • SellerLion Real Estate Group

Address

  • 3317-3325 Exposition Place
    Los Angeles, CA 90018

Sale Details

  • Sale Price$22,600,000
  • Closing Date03/30/2021
  • BuyerThe Luzzatto Company
  • SellerLion Real Estate Group

Sale Description

Newmark is pleased to have represented the seller in the successful disposition of 3317-3325 Exposition Place. Located in the Expo Place Corridor and next to the West Adams neighborhood of Los Angeles, the two building project totals 29,680-square-feet and is 100 percent NNN leased to The RealReal, Inc. (NASDAQ: REAL) through 2027. Renovated in 2018, the open creative office and flex space is strategically located adjacent to two LA Metro lines.

Newmark is pleased to have represented the seller in the successful disposition of 3317-3325 Exposition Place. Located in the Expo Place Corridor and next to the West Adams neighborhood of Los Angeles, the two building project totals 29,680-square-feet and is 100 percent NNN leased to The RealReal, Inc. (NASDAQ: REAL) through 2027. Renovated in 2018, the open creative office and flex space is strategically located adjacent to two LA Metro lines.

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Deal Team

Portrait of Sean Fulp

Sean Fulp

Executive Managing Director

CA RE Lic. #01389064

Portrait of Ryan Plummer

Ryan Plummer

Managing Director

CA RE Lic. #01765854

Portrait of Mark Schuessler

Mark Schuessler

Managing Director

CA RE Lic. #02033871

Portrait of Ryan Tetrault

Ryan Tetrault

Associate

CA RE Lic. #01996711