The property is encumbered by $260.7 million of debt, $214.6 million of which carries floating rates.
Swerdlow renovated the indoor portion of the former Hollywood Mallmall to house 100,000 sf of offices.
Sale is part of a lease option agreement under which Funding has the right to buy 27 properties from ProLogis.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..