By Toi Creel
Apple is increasing its footprint on the Westside.
The tech firm has secured one other block of warehouse and workplace properties in Culver Metropolis, reportedly valued at $162 million. The property buy is in partnership with Venice Pacific Investments and closed on November 13, 2020.
In keeping with The Actual Deal, the bought land consists of: “flex office space at 8771 Washington Boulevard, storefront and office space at 8876-8888 Venice Boulevard, and warehouse and storage space at 8825 National Boulevard, sources close to the deal confirmed.”
The precise proprietor of the property is listed as William Feldman in reference to Pacific Funding Associates. Eastdil was the dealer for the transaction.
There are additionally two extra properties linked to Apple situated on Nationa Boulevard from outlet CoStar.
This isn’t the primary buy made by Apple in Culver Metropolis. Only a ft away is one other workplace area purchased in 2018 situated at 8777 Washington Boulevard. The 128,000-square-foot workplace comes from Clarion Companions and Lincoln Property.