Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WESTWOOD VILLAGE, CA-Damoka Los Angeles Inc. bought the 50-year-old Flax art supply store from M. Flax Inc. for $3.5 million, according to brokers from Charles Dunn Co.

Famed for its distinctive archway, the 8,367-sf Flax store sits on a 12,460-sf lot at 10844-10852 Lindbrook Dr. It was built by the Flax family 50 years ago and has operated ever since as an art supply store for the UCLA community.

Reginald Woolfolk and Kevin Dee of the Charles Dunn Co. say that owners Harvey and Judith Flax, the principals of M. Flax Inc., are relocating the art store to a smaller shop in Westwood Village. Woolfolk and Dee represented the sellers while Dunn’s Theresa Dunn represented the buyer.

Flax also operates a second store in Marina del Rey near Otis Art Institute.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.