June 9, 2015 Comments Off on Coca-Cola Plant Trades in Downtown L.A. Views: 555 California News, Los Angeles

Coca-Cola Plant Trades in Downtown L.A.

The Downtown Los Angeles Coca-Cola plant has sold again after trading hands just over a year ago. REIT Hudson Pacific Properties bought the 120,000-square-foot asset from a joint venture between Goldstein Plating Investments and Atlas Capital Group.

The partnership bought the warehouse for $19 million in April of last year. It was going to transform it into creative office space with a ground-floor restaurant.

Called Fourth & Traction, the new project, in the Arts District, is nearby plenty of developments that are transforming the neighborhood with creative office, apartments, retail and restaurants.

Read More at Los Angeles Business Journal

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