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Office on Santa Monica Blvd. Sells for $11.65M
From: www.costar.com
"Antar Real Estate LLC purchased the 15,950-square-foot office building at 10436 Santa Monica Blvd. in Los Angeles. Bruce Gillis of the Gillis Family Partnership sold it for $11.65 million, or approximately $730.50 per square foot.
The three-story office..."
District Business Park Sells for $6.7 Million
From: www.costar.com
"Forest Lim Properties LLC acquired the District Business Park at 4625 District Blvd. in Vernon, CA, from for nearly $6.7 million, or about $159 per square foot.
The property consists of a 42,090-square-foot industrial building, of which approximately..."
First Industrial Buys 2 Newbury Park Bldgs. for $26.3M
From: www.costar.com
"First Industrial Realty Trust Inc. purchased the flex building at 1011 Rancho Conejo Blvd. and the office at 2300 Corporate Center Drive in Newbury Park, CA. Wood Family Trust sold both properties for $26.27 million, or about $143 per square foot.
The..."
Foundation Sells Mid-Sized Industrial on Pico Blvd.
From: www.costar.com
"Exceptional Children s Foundation sold 1726-1740 W. Pico Blvd. in Los Angeles to Big Properties LLC for $3.55 million, or approximately $207.50 per square foot. The property sold after being on the market for a little more than a year.
The 1726-1740..."
Pasadena Retail Portfolio Trades for $5 Million
From: www.costar.com
"Thomas W. and Ann Hogan Trust sold retail properties at 360-380 Raymond Ave., 350 S. Raymond Ave. and 388-394 S. Raymond Ave. to Kids Klub Partnership GP for $5 million, or about $229.50 per square foot.
The 360-380 Raymond Ave. site includes a 16..."
Studley's West L.A. Office Adds Corp. Managing Director
From: www.costar.com
"Matt Brainard joined Studley, a firm that specializes in tenant representation, as corporate managing director.
Brainard, a former vice president at Bailes & Associates, brings extensive experience representing tenants in a number of industries, including..."
Laufen Inks Nearly $4.78M Industrial Lease
From: www.costar.com
"Laufen International, a manufacturer and distributor of ceramic sanitary ware and ceramic tiles, leased 119,077 square feet of industrial space at 18420 Harmon Ave. The tenant has 30 days early occupancy, and a $.67 triple net rental rate with 3-6% bumps..."
REIT Sells North Hollywood Pep Boys Property
From: www.costar.com
"National Retail Properties Inc., a real estate investment trust, sold the 22,346-square-foot freestanding building at 6065 Lankershim Blvd. in North Hollywood, CA, to new investor Rafat Bolour for $6.15 million, or approximately $275 per square foot.
The..."
Private Duo Pays $4M for Gardena Strip Center
From: www.costar.com
"Rigoberto and Rosa Ruiz purchased 1701-1733 El Segundo Blvd. in Gardena, CA, from Mok Kim for $4 million, or about $262.50 per square foot.
The 15,226-square-foot strip center was constructed in 1962 on a 1.04-acre parcel. The single-story multitenant..."
CoStar's People of Note for Friday
From: www.costar.com
"Time to update those contact managers with CoStar's People of Note for Friday, April 25, delivering news of recent promotions and new hires at the following companies: Newmark Knight Frank, Peloton Real Estate Partners LLC, Legacy Partners Residential..."

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