SOLD
Acadia Realty Trust Acquires Retail Property In West Hollywood For $47.8M
8436-8452 Melrose Place
Retail
15,000 SF
15,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Retail
15,000 sqft
A retail property located at 8436-8452 Melrose Pl in West Hollywood has been sold for $47,800,000. The property spans over 15,000 square feet, resulting in a price per square foot of $3,186. The transaction took place on November 18, 2019.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $47,800,000
- Square Footage: 15,000
- Price per Square Foot: $3,186
- Market: West Hollywood
The seller of the property was VE Equities, while the buyer was Acadia Realty Trust. The deal was facilitated by the broker Jay Luchs from Newmark Knight Frank.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Kenneth Bernstein, Justin Ehrlich, Zach Vella & Jay Luchs
DATE: 11/18/2019
ADDRESS: 8436-8452 Melrose Pl
MARKET: West Hollywood
ASSET TYPE: Retail
PRICE: $47,800,000
SF: 15,000 / PPSF: $3,186
SELLER: VE Equities
BUYER: Acadia Realty Trust
BROKERS: @JayLuchs - Newmark Knight FrankView on map
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Address8436-8452 Melrose Place
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