Asana Partners Acquires Highland Park Mixed-use Property For $23.3M

The mixed-use property located at 5900 N. Figueroa St., 111 S. Avenue 59, 5711 N. Figueroa St., and 5715-5717 N. Figueroa St. in Highland Park, LA has been sold. The transaction took place on July 25, 2018. The property spans a total of 40,250 square feet. The sale price of the property was $23,300,000, resulting in a price per square foot of $578.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $23,300,000
• Seller: Engine Real Estate (represented by Brian McCormick)
• Buyer: Asana Partners (represented by Terry Brown)
• Brokers: Dana Brody and Geoff Tranchina

The properties involved in the transaction offer close access to the Arroyo Seco Parkway, also known as the Pasadena Freeway or the 110 freeway.