The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?





LOS ANGELES COUNTY NEWS
Printer-friendly Version   Email an Associate
Champion Real Estate Picks Up Value-Add Asset in LA’s Echo Park Area

3/27/17

Champion Real Estate Company recently spent $9.5 mil on a value-add retail acquisition in Los Angeles’ Echo Park neighborhood. Champion plans to revitalize and rebrand the existing collection of dilapidated retail buildings into a retail and residential mixed-use development named “BrickWorks”.

The existing property includes 19.8k sf of dated retail buildings on 36k sf of land located at 1485-1501 W. Sunset Blvd, just west of Dodger Stadium on the northeast side of Hwy 101. Champion intends to repurpose and remodel the existing property to include an eclectic collection of distinctive restaurants and residential lofts.

“The property is sandwiched between upscale Silver Lake and Downtown Los Angeles in Echo Park, which was dubbed the ‘Greatest Neighborhood in Los Angeles’ by LA Weekly,” states Garrett Champion, Senior Vice President of Champion. “Combined with its location just blocks from Dodger Stadium, BrickWorks will provide trendsetting food and beverage focused retail to an underserved sub market.”

BrickWorks will boast over 200 linear feet of frontage along the heavily trafficked Sunset Blvd and consist of approximately 15k sf of prime retail space that will create a trendy food court-style collection of the latest eateries and restaurants.

Champion has over 30 years of experience developing retail in Los Angeles and helped pioneer the first vertical retail power centers such as Brentwood Place and the One Westside Shopping Center. Last year, Champion acquired Grand + Alosta in Glendora, CA, a former 80k sf freestanding building that is currently being redeveloped into a specialty grocery center with Marshalls and Sprouts anchoring the project.





Return to the Archive page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media