Thursday, December 29, 2011

Colliers International Completes $1.295 Million Property Sale in Hollywood, CA

Hollywood, CA– Colliers International, the third largest global real estate services organization, has completed the sale of a 4,026-square-feet property located at 1542 Cassil Place (top left photo) Hollywood, Calif. The total transaction is valued at $1.295 million. 

 Kathleen A. Silver (middle right photo), CCIM, Senior Vice President, and Kay Thorpe (lower left photo), Associate, both based in Colliers International’s West Los Angeles office represented the Seller, Cassil Management LLC, along with Steve Tronson and John Tronson of Avison Young.

The Buyer, 1542 Cassil LLC, a full-service post production rental equipment company, was represented by Lori King of Avison Young.

 The property was originally built in 1964 but was completely rebuilt in 2001. It is a two-story, class A free standing commercial building in heart of Hollywood boasting highly improved features with modern architectural design.

 “With very little product available of its kind, this prime Hollywood creative office, commercial building - with ample parking is a rare and unique find for any owner-user in the market,” said Silver. 

 “We were able to successfully locate an owner-user searching for their own building in the area,” added Thorpe.

Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258

Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA

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