Cushman & Wakefield U.S. Inc., as exclusive advisor, is pleased to presentthe opportunity to acquire the fee simple interest in @Traction, a 58,118 SF vacant two-building creative project in the Arts District of Downtown Los Angeles. The Property offers open floor plans, on-site parking, historic architecture, and unparalleled skyline and mountain views.
The Property is currently undergoing renovations to bring the historic architecture up to modern occupier standards. Plans call for an expansive lobby with interaction zones, direct connectivity to a neighborhood pocket park, a pop-out patio on the second floor, and an expansive rooftop deck with sweeping views of the city.
The Property benefits from its central location in the Arts District. Traction Avenue is home to Arts District Brewing, Wurstkuche, Groundwork Coffee, Kreation, Pali Wine Co, Loqui, and many other eateries and entertainment venues. East 3rd Street, only one block away, expands the offerings to include Salt & Straw, Prince Street Pizza, Manuela, Hearts & Flame, and Camphor.
@Traction offers the ability for an investor or owner-user to own a piece of history, with a modern twist, in one of the most vibrant submarkets in the entire Los Angeles region.