The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 25, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
L.A. County Retail Trade Rings Up at $3.2 Mil


Luxurious Properties LLC purchased an 11.5k sf shopping center and land parcel in Los Angeles in a $3.2 mil transaction. The seller was Garrison Property Management LLC.

The shopping center is located at 1628-1642 Firestone Blvd on the southwest corner of Firestone Blvd and Maie Ave in unincorporated Los Angeles. Built in 1987, the property is an eight-unit, multi-tenant shopping center situated on 36.5k sf of land. The retail center enjoys great visibility from the signalized intersection at Firestone Blvd and Maie Ave. Tenants in the center are mix of local and regional retailers. The location offers easy access to the Blue Line Metro stop and is located within the Opportunity Zone.

Steve Liu, Nikki Liu and Ramzy Prado with NAI Capital Commercialís Retail Services Group represented both parties in the deal According to Steve Liu, the combination of 100% occupancy, month-to-month leases and additional land to build made this an ideal value-add investment for the buyer.

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