The sky is the limit for a 2.3-acre open patch of the downtown Los Angeles entertainment district. That is provided someone buys the billing behind the $100 million listing that just hit the market, The Real Deal has learned. The sky-high price speaks for itself: the biggest ask for land in the city’s center in recent years at around $43 million an acre. The scale of the opportunity is outlined by Douglas Elliman’s Bassick Real Estate Advisors division, with Catherine Bassick holding the private listing. Sales materials reviewed by The Real Deal plug the site as entitled to accommodate a […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico