George Lucas Buys Cold Storage Facility in LA's Chinatown
Briefly

Filmmaker George Lucas' family office, Skywalker Holdings, has bought a roughly 155,000-square-foot site at 1600 Naud Street for $45.5 million, according to property records filed with L.A. County. The limited liability company on the deed was signed by Michael Rider, the treasurer of the Lucas family's foundation.
Santa Monica-based Redcar Properties, which sold the property, had planned to raze the cold storage warehouse and other ancillary structures and build a 147,000-square-foot office development, with restaurant and retail space, L.A. city planning documents show. However, Redcar notified the city last month that it would pull its plans.
Read at therealdeal.com
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