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Rialto Capital Management Acquired an Office Building for $40.5 Million in Los Angeles

Ignition Creative Sold its Vacant 57,000-SF Property on Coral Tree Place
The office was constructed in 2012 on 2.5 acres in the Marina Del Rey/Venice submarket of Los Angeles County. (CoStar)
The office was constructed in 2012 on 2.5 acres in the Marina Del Rey/Venice submarket of Los Angeles County. (CoStar)
By Chris Bundy
CoStar Research
October 6, 2020 | 6:50 P.M.

Rialto Capital Management acquired the office building at 12959 Coral Tree Place in Los Angeles, California, for $40.5 million, or about $715 per square foot.

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