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Strategic Realty Trust Sells Silver Lake Collection Retail Center In Los Angeles For $12.4M

Property Image
SOLD
$12,400,000
Matthew Fainchtein
Tim Kuruzar
DL

California

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Retail21,800 SF
Sold 03/11/2025
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Property Image
SOLD

Strategic Realty Trust Sells Silver Lake Collection Retail Center In Los Angeles For $12.4M

1601 Griffith Park Boulevard & 3713 West Sunset Boulevard

See Similar Deals
Retail21,800 SF
Sold 03/11/2025
Matthew Fainchtein
Tim Kuruzar
DL
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$568
Total Square Footage:21,800 SF
Transaction Type:Sale

Silver Lake Collection is a retail center comprising 10,900 square feet located at 1601 Griffith Park Boulevard and 3701-3713 West Sunset Boulevard in Los Angeles. The asset, which is situated on a 0.36-acre lot, was sold for $12,400,000, translating to $1,138 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,400,000
  • Square Footage: 10,900
  • Address: 1601 Griffith Park Boulevard & 3701-3713 West Sunset Boulevard
  • Market: Los Angeles
  • Seller: Domenic Lanni - Strategic Realty Trust
  • Brokers: Matthew Fainchtein & Tim Kuruzar - JLL

The transaction involved Domenic Lanni representing Strategic Realty Trust as the seller, while JLL's Tim Kuruzar represented the seller and Matthew Fainchtein represented the buyer, a Taiwan-based restaurant operator. This deal showcases collaboration between real estate professionals in a significant market transaction.

Players

Tim Kuruzar
NorthMarq
Tim Kuruzar
13 deals$280.7M volume(424) 401-9203
BROKER
Matthew Fainchtein
JLL
Matthew Fainchtein
4 deals$20.8M volume(310) 430-2548
BROKER
DL
Domenic Lanni
4 deals$173.5M volume
SELLER

Details

SOLD
IMAGE: Domenic Lanni, Matthew Fainchtein & Tim Kuruzar DATE: 03/11/2025 ADDRESS: 1601 Griffith Park Boulevard & 3701-3713 West Sunset Boulevard MARKET: Los Angeles ASSET TYPE: Retail ~ ACRES: 0.36 SELLER: Domenic Lanni - Strategic Realty Trust (@StrategicRealtyTrust) BROKERS: Matthew Fainchtein (@LAretailguy) & Tim Kuruzar (@Timmy_Paddles) - JLL (@JLL) SALE PRICE: $12,400,000 SF: 10,900 ~ PPSF: $1,138 NOTE: Silver Lake Collection, a 10,900-sf retail center at 1601 Griffith Park Blvd and 3701-3713 Sunset Blvd in Los Angeles, sold for $12.4M ($1,138/sf). Strategic Realty Trust sold the fully leased property to a Taiwan-based restaurant operator, with JLL’s Tim Kuruzar representing the seller and Matthew Fainchstein representing the buyer.

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