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| Stacy Vierheilig-Fraser |
LOS ANGELES, CA – Charles
Dunn Company, one of the largest full-service regional real estate firms in the
western United States, has completed the $2.55 million sale of three office
buildings totaling 7,210 square feet located at 3751-3757 and 3759 Cahuenga
Blvd. West in Studio City, Calif.
Stacy Vierheilig-Fraser, senior managing director with Charles Dunn Company,
represented the seller, a private investor from Los Angeles, as well as the
buyer, Los Angeles-based Koloe, LLC.
“The property was 50
percent occupied by a television production company at the close of escrow,”
said Vierheilig-Fraser. “The buyer plans to occupy the remaining space as an
owner/user for his mortgage company, Standard Home Lending.”
Standard Home Lending, a
mortgage firm focused on providing affordable mortgages to local home buyers,
will be relocating and expanding from its current Studio City location at 13223
Ventura Blvd. after a complete renovation and build-out of the property.
The property includes one,
two-story creative office building and two, single-story buildings and features
outdoor courtyards and 24 parking spaces.
For a
complete copy of the company’s news release, please contact:
Darcie Giacchetto
949.278.6224
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