THE SILVER GROUP COMPLETES $12.15 MILLION SALE OF RETAIL PROPERTY

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REDONDO BEACH, CALIF. — Barry Silver, owner of The Silver Group, has brokered the sale of a 31,500-square-foot, single-tenant retail property, which is located at 1401 Hawthorne Blvd. in Redondo Beach. The Alexander Family Trust acquired the property for more than $12.15 million. Previously occupied by The Good Guys until 2006, the property is currently occupied by T.J. Maxx under a 10-year lease, which was negotiated by Silver. Greg Trotter of Coldwell Bank Commercial’s Sherman Oaks, Calif., office assisted with the sale transaction.

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