A source close to the deal states Adam Neumann is still the company's largest single shareholder.
The firm purchased the 117,472-square-foot property from a national manufacturing company, according to brokerage firm Avison Young.
A prop house has leased a 250,000-square-foot industrial facility in Downtown Los Angeles.
Sponsored by redIQ
Sponsored by RLL
Sponsored by Okapi
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.