Brandon Cohan Real Estate Acquires Retail Property On Abbot Kinney Blvd. In Venice For $9M

The property involved in this transaction is located at 1354, 1356, 1356 1/2, and 1358 Abbot Kinney Blvd in Venice. It is a retail asset situated on Abbot Kinney Boulevard, which has been named the coolest block in America by GQ Magazine. The sale of this property was completed on January 3, 2022, with James Maslon as the seller and Brandon Cohan Real Estate as the buyer. The deal was facilitated by Jason Froehlich from Douglas Elliman. The transaction price for this property was $9,000,000, and it spans a total area of 4,727 square feet, resulting in a price per square foot of $1,903.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $9,000,000
• Address: 1354, 1356, 1356 1/2, and 1358 Abbot Kinney Blvd, Venice
• Market: Venice
• Buyer: Brandon Cohan Real Estate
• Seller: James Maslon
• Broker: Jason Froehlich - Douglas Elliman
• Square Footage: 4,727
• Price per Square Foot: $1,903

Brandon Cohan Real Estate, the buyer in this transaction, is heavily focused on developing and investing in high street retail properties in Los Angeles. This acquisition aligns with their strategic goals.