SOLD
Crown Equity & Ascendent Capital Partners Sell Retail Property On North Rodeo Drive In Beverly Hills For $122M
457-459 North Rodeo Drive
Retail
11,600 SF
11,600 SF
Summary
Sale
CALIFORNIA
Retail
11,600 sqft
The property at 457-459 North Rodeo Drive in Beverly Hills has been sold in a closed transaction. The retail asset was acquired for $122,000,000 with a total area of 11,600 square feet. The price per square foot was $10,500.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $122,000,000
- Address: 457-459 North Rodeo Drive, Beverly Hills
- Square Footage: 11,600
- Price per Square Foot: $10,500
The seller of the property is Crown Equity, represented by Michael Shabani, and Ascendent Capital Partners, represented by Russell Gimelstob. The brokerage services for the deal were provided by Jay Luchs from Newmark.
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Details
SOLD
IMAGE: Russell Gimelstob, Michael Shabani & Jay Luchs
DATE: 11/12/2020
ADDRESS: 457-459 North Rodeo Drive
MARKET: Beverly Hills
ASSET TYPE: Retail
SELLER: Crown Equity – Michael Shabani & Ascendent Capital Partners – Russell Gimelstob
BROKER: Jay Luchs – Newmark
PRICE: $122,000,000
SF: 11,600 ~ PPSF: $10,500View on map
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Address457-459 North Rodeo Drive
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