The property involved in the transaction is Beverly Palm Plaza, an 11,484 square-foot retail center located at 9150-9198 West Olympic Boulevard in Beverly Hills. The property was sold for $12.5 million, amounting to $1,088 per square foot. Situated at the corner of Olympic Blvd. and Palm Dr., the fully leased plaza features a mix of national brands like Supercuts and Domino's Pizza, alongside local favorites. The strategic location of the center and its potential for value-add opportunities attracted a local investor who aims to operate it as a leased investment.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $12,500,000
• Market: Beverly Hills
• Seller: DSC America, Inc.
• Brokers: Ed Sachse, Jack Nathan & Kyle Fishburn - Kennedy Wilson

The sale of Beverly Palm Plaza was successfully finalized by Kennedy Wilson Brokerage. President Ed Sachse and Vice Presidents Kyle Fishburn and Jack Nathan represented the seller, DSC America, Inc., in this deal. The property's appeal, with its combination of well-known national brands and local businesses, caught the attention of the local investor who saw the potential in the plaza's strategic position and future growth opportunities.