REBusinessOnline

Cushman & Wakefield Negotiates $22.9M Sale of Retail Property in West Hollywood

LOS ANGELES — Cushman & Wakefield as arranged the $22.9 million sale of a retail property located on Melrose Avenue in West Hollywood.

Kazuko Morgan and Carine Mamann of Cushman & Wakefield arranged the transaction on behalf of the buyer, a joint venture between L3 Capital and Guggenheim Real Estate. David Ickovicks of Commercial Asset Group represented the seller, American Commercial Equities. The 11,295-square-foot property includes 18 parking spaces and is home to Theory, DASH and Serna & Lily.

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