search

The Real Deal Logo

Trending

Naftali unveils sprawling $600M Williamsburg Wharf “urban resort”Naftali unveils sprawling $600M Williamsburg Wharf “urban resort”99 Cents closures to open 3.8M sf of retail opportunities in SoCal 99 Cents closures to open 3.8M sf of retail opportunities in SoCal Mohamed Hadid files for bankruptcy on Beverly Hills lot, owing $55M to creditorsMohamed Hadid files for bankruptcy on Beverly Hills lot, owing $55M to creditorsNYCB loan defaults surge 400% as rent-stabilized buildings bleedNYCB loan defaults surge 400% as rent-stabilized buildings bleed
New York

Sorgente Group is shopping LA’s landmark Fine Arts Building

The asking price for the WeWork-anchored property is $388 psf

Fine Arts Building (credit: Hannah Miet) and Veronica Mainetti (credit: R. Brodin, Getty Images for Sorgente Group of America)
Fine Arts Building (credit: Hannah Miet) and Veronica Mainetti (credit: R. Brodin, Getty Images for Sorgente Group of America)

From the Los Angeles website: How much will a buyer pay for a historic Downtown Los Angeles office building with architectural majesty, but no parking? The Sorgente Group of America is gunning to find out.

Sign Up for the undefined Newsletter

It put the intricately-detailed Fine Arts Building, constructed in 1926 and renovated this year, on the market in September, following months of off-market murmurs. [more]

Tags
Sorgente Group