The historic Columbia Mills Factory that has served as the site for Lacy Street Studios has sold to the expanding Buck Design for their Los Angeles headquarters for $20,000,000. The 9 building, 2 acre campus at 2626 Lacy St, Los Angeles, CA 90031 is a record-breaking sale for Lincoln Heights at $222 per square foot.
The turn-of-the-century campus will be the new Los Angeles home for Buck Design, who will be relocating from the Jewelry District downtown. The iconic site has been used for countless productions and creative projects. It has operated for over 35 years as the Lacy Street Production Center, and has served as a filming location for Catch Me If You Can, Seabiscuit, Saw and L.A. Confidential.
he property consists of 9 unique buildings encompassing approximately 90,000 square feet on 2.06 acres of land just blocks from the 11-mile stretch of the Los Angeles River Revitalization plan. This unique position allows for endless creative, adaptive reuse, and development opportunities.
The property is filled with architectural courtyards, exposed brick walls, large industrial windows, loft spaces, exposed structural beams, industrial lifts, and much, much more.
Maximizing public transportation hubs, Columbia Mills is at one of the most accessible locations in all of LA, at the intersection of the 5 and 110, across the street from the Lincoln/Cypress Metro Station along the Gold Line.
Senior Partner Chris Thompson and Partners Clark Everitt and William Everitt of Investment Real Estate Associates ("IREA") teamed up with Morgan McMullin, SVP at Partners Trust Commercial to broker the deal.
