DAUM & ALLAN DURKOVIC & ASSOCIATES TEAM UP TO REPRESENT BOTH PARTIES IN AN $11.0 MILLION REDEVELOPMENT SITE IN HOLLYWOOD, CADec 3, 2015
DAUM Commercial Real Estate Services announced today that it partnered with Allan Durkovic & Associates to represent both parties in the sale of a 4-parcel redevelopment site in Hollywood, CA. The property is located at 1142-1154 Orange Avenue and sits on 0.83 acres of land. The property was purchased by buyer to redevelop for multi-family residential housing. The total consideration of the sale was $10,980,000 ($305 PSF).
DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company. DAUM has 10 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.
DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.