facebook
Traded Co logo
Submit
Daily limit: 0/10

Mill Creek Residential Secures 15-Year Lease With Bristol Farms At Modera Argyle In Hollywood

Property Image
LEASED

California

See Similar Deals
Mixed-use23,211 SF
Leased 12/12/2023
the dealplayerscompscontact
Property Image
LEASED

Mill Creek Residential Secures 15-Year Lease With Bristol Farms At Modera Argyle In Hollywood

6220 Selma Avenue

See Similar Deals
Mixed-use23,211 SF
Leased 12/12/2023
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:23,211 SF
Transaction Type:Lease

Mill Creek Residential has secured a 15-year lease with upscale grocer Bristol Farms for a 23,211-square-foot space at its Modera Argyle luxury mixed-use community in Hollywood, California. The property, located at 6220 Selma Avenue, is part of a mixed-use development in the heart of Hollywood. The lease agreement will bring the renowned Bristol Farms brand to the vibrant neighborhood, offering residents and visitors access to high-quality groceries and gourmet products.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Not mentioned
  • Square Footage: 23,211
  • Address: 6220 Selma Avenue
  • Market: Hollywood, Los Angeles

Mill Creek Residential, the landlord, based in Boca Raton, Florida, successfully negotiated the lease with Bristol Farms, the tenant. Lee Shapiro of Kennedy Wilson represented Mill Creek Residential in the deal. This transaction marks a significant addition to the Modera Argyle community, enhancing its appeal and providing convenient access to premium grocery options for the residents of Hollywood, California.

Players

Lee Shapiro
5 deals$6.7M volume(310) 887-6226
BROKER

Kennedy Wilson
LENDER

Details

LEASED
IMAGE: Lee Shapiro, William C. MacDonald & Adam Caldecott DATE: 12/12/2023 ADDRESS: 6220 Selma Avenue MARKET: Hollywood, Los Angeles ASSET TYPE: Mixed-use ~ SF: 23,211 LANDLORD: Mill Creek Residential (@MillCreekResidential) - William C. MacDonald (@WMacDonald22) TENANT: Bristol Farms (@BristolFarms) - Adam Caldecott BROKER: Lee Shapiro - Kennedy Wilson NOTE: Mill Creek Residential, based in Boca Raton, Florida, has secured a 15-year lease with upscale grocer Bristol Farms for a 23,211-square-foot space at its Modera Argyle luxury mixed-use community in Hollywood, California.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$1,330,440.51

Total Lease Value

$13,304,405.13

Net Landlord Cash Flow$1,330,440.51