Madison Partners Brokers $7.1M Sale of Retail, Office Building in Los Angeles

LOS ANGELES — Madison Partners has arranged the sale of a retail and creative office building, located at 62-66 Windward Ave. in the Venice neighborhood of Los Angeles. Southern California-based Optimus Properties sold the property to BrandView Capital Partners for $7.1 million, or $957 per square foot.

Originally constructed in 1922, the 7,471-square-foot asset features a street-level portico with three retail units and a creative office unit on the second level, which features a rooftop deck.

Bob Safai, Matt Case and Brad Schlaak of Madison Partners represented the seller in the deal.