Just Closed | 501 S. Fairfax
IREA is pleased to announce the closing of 501 S. Fairfax, Los Angeles, for $8,300,000. An office building between The Grove and Miracle Mile, the building was purchased by the country of Bangladesh to serve as headquarters for their Los Angeles consulate.
IREA partners Clark Everitt, William Everitt and associate Michael Pfeiffer represented the buyer and seller with Farideh Bogari of the Bogari Agency spearheading the project as a consultant for the government of Bangladesh.
The closing price represents the highest price per square foot this year for office space in Hollywood, Mid-City, or Park La Brea.