Covenant Pacific Holdings Purchases Retail Asset In Los Angeles For $2.575M With Albert Blanck And David Shorenstein As Sellers

The property asset involved in this transaction is a retail space located at 2157 West Century Boulevard in the Los Angeles market. The transaction was executed for a total price of $2,575,000, encompassing a square footage of 5,801, which equates to a price per square foot of $443.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,575,000
• Buyer: Covenant Pacific Holdings
• Seller: Albert Blanck - Blanck Group Realty; David Shorenstein - Hildreth Real Estate Advisors
• Date of Transaction: 5/7/2025

Albert Blanck and David Shorenstein have successfully exited their third stabilized strip center that was acquired in 2021. They are now actively seeking new multi-tenant retail opportunities across Southern California and encourage potential leads through direct messaging or email.