The asset involved in the transaction is a retail space located at 850-864 North Vermont Avenue, spanning 10,650 square feet. It is situated in the Los Angeles market and is part of the “New Normal” retail collection developed by LS Urban. This project caters to the local demand for quick and affordable dining options near key locations such as Los Angeles City College and major medical hubs.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 10,650
• Address: 850-864 North Vermont Avenue
• Market: Los Angeles
• Landlord: LS Urban
• Tenants: Panda Express, Panera Bread, Dunkin Donuts, WingStop, Ready Fit Go & Bridgetown Roti
• Broker Representatives: Erik Krasney & Zachary Card - CBRE

CBRE was responsible for arranging the leases for the tenants within the retail space, effectively addressing the community's dining needs with a diverse array of casual dining options. This successful arrangement highlights CBRE's role in facilitating the transaction for both the landlord and the various tenants involved.