LOS ANGELES – GPI Cos. has acquired a 12,000-square-foot restaurant space in the Los Angeles submarket of Brentwood. The property traded close to the list price of $25 million, according to CBRE, which represented GPI.
The Class A space is located at 11770 San Vincente Blvd. The building is situated on a 20,022-square-foot lot with 29 parking spaces. It is fully leased to First Republic Bank, Peet’s Coffee & Tea, Chase Bank (ATM), Gaucho Grill, Subway, Pizzicotto and Radco Realty.
The space previously operated as Mezzaluna, an Italian restaurant that became famous for its link to the O.J. Simpson murder trial. It was the last restaurant Nicole Brown Simpson was seen dining at before she lost her life in June 1994.
GPI was represented by CBRE’s Tim Kuruzar and Ken McLeod. The seller was a family trust that had owned the property for more than 40 years.