A partnership betweenRockwood Capital and ArtisanRealty have acquired a 73,972-square-foot, six-story,multi-tenant office building in North Hollywood. Swift RealEstate Partners sold the property.
Located at 4640 Lankershim in North Hollywood, the property is98% leased to a number of prominent entertainment industry tenants,as well as a diverse set of financial, educational, andprofessional services companies. Swift Real Estate Partnersrepositioned the project after its October 2017 acquisition. Theredevelopment helped quickly bring the project's occupancy up from70% to stabilization.
NKF's Co-Head of U.S. Capital MarketsKevin Shannon, Rob Hannan,Laura Stumm, Ken White, andMike Moll represented the seller, Swift RealEstate Partners. The buyers were self-represented.
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