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CBRE Brokers $7M Sale of 26,504 SF Shopping Center in Gardena

GARDENA, CALIF. — CBRE has arranged the sale of Gardena Crenshaw Plaza, a retail center located at 14730-14842 Crenshaw Blvd. in Gardena. Crenshaw Retail Holding acquired the property from Diamond Rock Partners for $7 million. Dan Riley and Austin Wolitarsky of CBRE represented the seller, while the buyer was self-represented with Mark Rafeh and John Proia of Promark Investments being the primary principals. At the time of sale, the 26,504-square-foot property was 100 percent occupied. AutoZone is the anchor tenant.

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