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California  + Los Angeles  + Retail  | 

Coca-Cola Plant Trades in Downtown L.A.

The Downtown Los Angeles Coca-Cola plant has sold again after trading hands just over a year ago. REIT Hudson Pacific Properties bought the 120,000-square-foot asset from a joint venture between Goldstein Plating Investments and Atlas Capital Group.

The partnership bought the warehouse for $19 million in April of last year. It was going to transform it into creative office space with a ground-floor restaurant.

Called Fourth & Traction, the new project, in the Arts District, is nearby plenty of developments that are transforming the neighborhood with creative office, apartments, retail and restaurants.

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