recent transactions
Property: 734-750 South Spring Street (8th & Spring Sts.)
Description: Sale of corner 38,000 square foot parking lot in Ace Hotel market area
- Sale of high rise residential tower site with Buyer’s substitution into pre-existing easements and adjacent site specific requirements
- Three separate ownerships involve in transaction for construction of basement parking for adjacent historic property
Property: Eastern Columbia Assemblage – 850 South Hill Street (9th & Hill Sts.)
Description: Ground lease of 32,000 square foot parking lot in Ace Hotel market area
- Last stage in development process of the historic site
- Stage one: Sale from Denley Investments to KOR for path breaking redevelopment
- Stage two: Sale of 32,000 square foot lot, retail and parking structure from KOR/Lubert Adler to Met Cal Funding