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January 4, 2018 Comments Off on Swift Snares NoHo Media District Office Views: 2251 California News, Los Angeles

Swift Snares NoHo Media District Office

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An entity owned and controlled by San Francisco-based Swift Real Estate Partners acquired 4640 Lankershim Boulevard, a 74,000-square-foot, Class A office building in North Hollywood, CA from an undisclosed seller. CBRE Capital Markets Debt and Structured Finance’s Mike Walker, Brad Zampa, Megan Woodring and Taylor Shepard arranged the $18.8 million floating-rate acquisition loan.

Swift Real Estate Partners’ Kelsey Schultes said, “4640 Lankershim is a well-positioned, boutique, creative office project with abundant parking and easy freeway access. It offers tenants a discounted alternative to neighboring Burbank and Hollywood markets. Swift was eager to add this property to its growing North Hollywood portfolio.”

CBRE’s Mike Longo, Sean Sullivan and Todd Tydlaska handled the off-market transaction. Financing for the Media District asset was provided by a foreign bank.

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