Urban View Investments Acquires Mixed-Use Property In Marina Del Rey For $9.1M

3016 Washington Blvd. in Marina Del Rey has been sold in a closed transaction. The mixed-use property was purchased by Urban View Investments, represented by Arrian Torkian, for a sale price of $9,100,000. The property spans 10,085 square feet, resulting in a price per square foot of $902. The seller of the property was Geraldine Gilliland. The deal was facilitated by George Pino of Commercial Broker's International.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $9,100,000
• Address: 3016 Washington Blvd.
• Market: Marina Del Rey
• Buyer: Urban View Investments - Arrian Torkian
• Seller: Geraldine Gilliland
• Broker: George Pino - Commercial Broker's International
• Square Footage: 10,085 SF
• Price per Square Foot: $902

This transaction demonstrates the active real estate market in Marina Del Rey. Arrian Torkian of Urban View Investments successfully represented his company in acquiring this mixed-use property. Geraldine Gilliland, the seller, made the decision to part ways with the property. George Pino from Commercial Broker's International played a crucial role in facilitating the deal. This sale highlights the value of mixed-use properties in Marina Del Rey's market.