Olympic/Bundy Drive Development – Los Angeles, CA

Buyer: Stonebridge Holdings, LLC

Seller: Argonaut Group

Representation: 12 acres

Sale Price: $35,000,000

Close Date: May 2003

Submarket: Olympic Corridor


• Sale of largest undeveloped land parcel in West Los Angeles – 12 acres
• Buyer attempted to obtain entitlements for construction of a 750,000 square foot medical center / hospital
• Campus is now RIOT Games Headquarters