Hakim Holdings, GWP Real Estate And Mazal Enterprises Acquire Retail Property On North Rodeo Drive In Beverly Hills For $96M | 457-459 North Rodeo Drive | Kazuko Morgan, Carine Mamann | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

11,625 sqft

Located at 457-459 North Rodeo Drive in Beverly Hills, this retail property was recently sold in a closed transaction. The property spans over 11,625 square feet in size and is situated in a prime market.

Summary of transaction details

Property Type: Retail
Transaction Amount: $96,000,000
Price per Square Foot: $8,240
Buyer: Hakim Holdings, GWP Real Estate and Mazal Enterprises
Seller: Lang & Lang Properties

The deal was facilitated by Carine Mamann, Kazuko Morgan, and Stephen Algermissen from Cushman & Wakefield. The buyer consortium represented by Hakim Holdings, GWP Real Estate, and Mazal Enterprises successfully acquired the property from Lang & Lang Properties. No additional details were provided regarding the terms of the transaction.

Players

All
3

Agents
2
Agencies
1

$145.3M Sold

$157.5M Sold

Details

Deal Summary

SOLD

IMAGE: Stephen Algermissen, Kazuko Morgan and Carine Mamann DATE: 10/25/2018 ADDRESS: 457-459 North Rodeo Drive MARKET: Beverly Hills ASSET TYPE: Retail PRICE: $96,000,000 SF: 11,625 PPSF: $8,240 BROKERS: Carine Mamann, Kazuko Morgan and Stephen Algermissen @cushwake BUYER: Hakim Holdings, GWP Real Estate and Mazal Enterprises SELLER: Lang & Lang Properties

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Address457-459 North Rodeo Drive

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