REBusinessOnline

Marcus & Millichap Negotiates $2.4M Sale of 7,840 SF Retail Property in Los Angeles

LOS ANGELES — Marcus & Millichap has arranged the sale of Vernon Square, a retail property located at 515 E. Vernon Ave. in Los Angeles. A limited liability company acquired the 7,840-square-foot asset from a private investor for $2.4 million. Built in 1988, the property features a stable tenant mix of local retailers.

Chris Martin of Marcus & Millichap’s West Los Angeles office represented the seller and buyer in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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