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25K SF Lakewood Mixed-Use Venue Heads to Auction with $1M Starting Bid

Studio West 117, a 25,339-square-foot mixed-use venue in Lakewood, is heading to auction on June 25 with a starting bid of $1 million.

By Colin Percy · May 26, 2026

The Studio West 117 Fieldhouse, an experiential mixed-use property in Lakewood, will be sold at auction on June 25 following a loan default. The developers, Daniel Budish and Betsy Figgie, previously invested over $10 million into the 25,339-square-foot facility, which includes a gym, ground-floor restaurant, rooftop bar, and outdoor courtyard. The site officially closed in December, and the auction is currently being managed by court-appointed receiver Mark Abood of Colliers.

Companies mentioned

developer

Betsy Figgie

developer

Daniel Budish

other

Colliers

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