Madison Partners Brokers Hollywood Office Sale

The 29-square-foot property, which is fully leased by Deluxe Entertainment Services, traded for $12.6 million.
6344 Fountain Ave.
6344 Fountain Ave.

A 29,000-rentable-square-foot office and post-production space in Hollywood traded hands for approximately $12.6 million or $435 per square foot. Madison Partners Bob Safai, Matt Case and Brad Schlaak represented the owner, Ascent Media. A Los Angeles-based private real estate investment company purchased the property in a 1031 exchange.

Located at 6344 Fountain Ave., in the heart of Hollywood’s Sunset & Vine Media District, one of the major office markets in SoCal and home to top entertainment firms, the property is just off Santa Monica Boulevard and State Route 101 with easy access to numerous retail and dining options. The two floors are fully leased to Deluxe Entertainment Services Group Inc…

Madison Partners Brokers Hollywood Office Sale

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