Reported Oct 5, 2026 · Source: Bisnow
Former Forever 21 headquarters campus is an industrial sale in Central LA (Downtown / Hollywood / Wilshire), Los Angeles. Other details we have: buyer Amazon; price About $146.2M (implied by $9.52M Measure ULA tax); size about 500K SF (224K SF + 279K SF). Bisnow reports: “Amazon bought two buildings at the former Forever 21 HQ. LA28 leased the remaining building.” Bisnow reports: “The sellers of the buildings at the former Forever 21 campus and LA28’s new landlord are Newland Capital Group and Related Fund Management, which bought the property last summer from a Blackstone and Worthe Real Estate Group joint venture for $120M, Commercial Observer reported at the time.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at Bisnow. What the article says:
Amazon bought two buildings at the former Forever 21 HQ. LA28 leased the remaining building.
The sellers of the buildings at the former Forever 21 campus and LA28’s new landlord are Newland Capital Group and Related Fund Management, which bought the property last summer from a Blackstone and Worthe Real Estate Group joint venture for $120M, Commercial Observer reported at the time.
Public records show that Amazon paid $9.52M in Measure ULA transfer taxes on the transaction, indicating a $146.2M sale price.
Together, they total approximately 500K SF.
Article date: 2026-10-05T17:42:26-04:00
All Central LA deals · More industrial deals in Los Angeles · Los Angeles (incl. OC & Inland Empire): this week and archive
Compiled from public sources; details can differ between sources. Always verify with the linked source.