Clarence E. McClendon Acquires Retail Property In Inglewood For $3.6M

The retail property located at 2541 W. Manchester Blvd. in Inglewood has been sold in a closed transaction. The transaction took place on 05/24/2021. The property is spread across 14,930 square feet and was sold for a price of $3,600,000, resulting in a price per square foot of $241. The transaction involved the buyer, Clarence E. McClendon, and the seller, Allrise Capital. The buyer was represented by brokers Ingrid Farias-Eisner & Laura Alice Scaturro.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,600,000
• Address: 2541 W. Manchester Blvd.
• Market: Inglewood

Clarence E. McClendon purchased the property from Allrise Capital. The transaction was facilitated by the brokers Ingrid Farias-Eisner & Laura Alice Scaturro. The sale of the retail asset showcases the active real estate market in Inglewood.