Sterling Organization Acquires 32.82 Acre Retail Property In Lynwood For $164.6M

The retail property located at 3100 E Imperial Hwy in Lynwood has been sold for a price of $164,630,000. The property is spread across 32.82 acres and has a total area of 403,242 square feet. The sale took place on July 5, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $164,630,000
• Address: 3100 E Imperial Hwy
• Market: Lynwood
• Property Size: 32.82 acres

The buyer of the property is Sterling Organization, represented by Brian Kosoy and Jordan Fried. The deal was facilitated by brokers Michael Torkin, Zachary Weiner, and Krista Miniutti from Simpson Thacher, along with Geoff Tranchina from JLL.