Goodyear Investments Acquires Retail Condo At 8759-8763 Santa Monica Boulevard For $13M

The retail asset involved in this transaction is located at 8759, 8761 & 8763 Santa Monica Boulevard in West Hollywood. The property spans a total of 10,513 square feet and has been fully leased. Goodyear Investments acquired the property for a total sale price of $13,000,000, resulting in a price per square foot of $1,237.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $13,000,000
• Square Footage: 10,513 SF
• Price per Square Foot: $1,237
• Address: 8759, 8761 & 8763 Santa Monica Boulevard
• Market: West Hollywood
• Buyer: Goodyear Investments
• Brokers: Patrick Wade & Alex Kozakov - CBRE

Patrick Wade and Alex Kozakov represented the buyer, Goodyear Investments, in the acquisition of the fully leased retail condo from an institutional seller. The Shops at Hancock Lofts was the property purchased as part of this transaction.