CHULA VISTA, CALIF. — A 15,000-square-foot retail property in Chula Vista that is occupied by CVS has sold to JWCI Chula Vista, LLC for $6.7 million. It is located at 16 3rd Ave. Extension. The buyer was represented by Cushman & Wakefield. The seller, Butte Properties, was represented by Ryan Litrich of Lee & Associates’ North San Diego County office.
Western
LOS ANGELES — Monem Corporation has purchased two apartment buildings in Los Angeles for more than $5 million. The acquisitions include an 18-unit community at 1114 N. Clark Street in West Hollywood for $3.25 million and a 12-unit community at 2001 N. Beachwood Drive in Los Angeles for $1.78 million. Prosser Stevens represented both Monem and the seller, P&M Murrieta Silverado LLC, in the first transaction. Hanes Investment Realty represented both parties, including the private trust seller, in the latter transaction.
SAN DIEGO – A 17,210-square-foot industrial manufacturing building in the San Diego submarket of Miramar has sold to 7505 Trade Street, LLC, dba United Auto Body, for $2.1 million. It is located at 7505 Trade Street. Arnie Friedman and Evan McDonald of Colliers International represented both the buyer and the seller, G. E. Capital, in this transaction.
BURIEN, WASH. — The 46-unit Miller Junction apartment building in Burien has sold toa limited liability company for $2.6 million. It is located at 215 South 162nd Street. The buyer was secured and represented by George Miller of Marcus & Millichap’s Seattle office.
CHULA VISTA, CALIF. — A 15,000-square-foot retail property in Chula Vista that is occupied by CVS has sold to JWCI Chula Vista, LLC for $6.7 million. It is located at 16 3rd Ave. Extension. The buyer was represented by Cushman & Wakefield. The seller, Butte Properties, was represented by Ryan Litrich of Lee & Associates’ North San Diego County office.
LOS ANGELES — Monem Corporation has purchased two apartment buildings in Los Angeles for more than $5 million. The acquisitions include an 18-unit community at 1114 N. Clark Street in West Hollywood for $3.25 million and a 12-unit community at 2001 N. Beachwood Drive in Los Angeles for $1.78 million. Prosser Stevens represented both Monem and the seller, P&M Murrieta Silverado LLC, in the first transaction. Hanes Investment Realty represented both parties, including the private trust seller, in the latter transaction.
SAN DIEGO – A 17,210-square-foot industrial manufacturing building in the San Diego submarket of Miramar has sold to 7505 Trade Street, LLC, dba United Auto Body, for $2.1 million. It is located at 7505 Trade Street. Arnie Friedman and Evan McDonald of Colliers International represented both the buyer and the seller, G. E. Capital, in this transaction.
BURIEN, WASH. — The 46-unit Miller Junction apartment building in Burien has sold to a limited liability company for $2.6 million. It is located at 215 South 162nd Street. The buyer was secured and represented by George Miller of Marcus & Millichap’s Seattle office.
LAS VEGAS — New Vista has broken ground on its first medical clinic and senior home for intellectually challenged individuals in the northwest area of Las Vegas. This will be the first medical clinic in Nevada that has been specifically designed to work with intellectually challenged individuals. It will be located at 7875 N. Rainbow Blvd. The six-phase development will house six individuals and will provide medical care to the Southern Nevada community. New Vista has partnered with Touro University Nevada on this project, which will be developed on 15 acres of land donated by the Gilcrease brothers.
LAKE FOREST, CALIF. — EDGE Realty Partners has opened its first West Coast office in Lake Forest. The new locale will be headed by Paul Bartlett, Lea Clay Park and John Beaney, who will act as co-principals. This will be the firm’s fourth office.