An office property located at 747 Seward Street in Hollywood has sold to Brian Ballard of Ballard Partners — a bipartisan lobbying and PR firm — for $3,250,000. Kidder Mathews Executive Vice President and Managing Director John Anthony, SIOR and Senior Vice President Christopher Steck, CCIM represented Ballard.
In spring 2023, Ballard acquired the adjacent Class A office property at 743 Seward for $10,950,000. Constructed by Plus Design Group in 2021, the three-story building features an open design with floor-to-ceiling steel frame windows, a nearly 600-square-foot private terrace, and a historic oak tree in the front of the property. It is situated in the media district of Hollywood, one block from Melrose Avenue and walking distance to many popular shopping and dining destinations. Since the sale, the building has attracted substantial interest from tenants, reaching 100% occupancy.
Constructed in 1936, the single-story building at 747 Seward will be demolished and used for surface parking until future development plans are confirmed and initiated.
Founded in Tallahassee, Florida, Ballard Partners has expanded over the past two decades to add offices in Washington DC, Boston, Istanbul, Tel Aviv, and Los Angeles.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages more than 57 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
