Curated News
By: NewsRamp Editorial Staff
November 20, 2024
Premier Commercial Property in Koreatown Sold for $18.3 Million
Discuss on Reddit
LinkedInTLDR
- The sale of 3450 W 6th Street in Los Angeles for $18.3 million provides a strategic advantage for the buyer in thriving Koreatown.
- The property, known as Kenmore Plaza, is a multi-tenant strip center with +/- 14,344 square feet on +/- 26,335 square feet of land in Los Angeles's Koreatown neighborhood.
- The successful sale will contribute to the growth and success of Koreatown's commercial landscape, benefiting the local economy and community.
- The iconic Chapman Plaza located across the street adds to the vibrant and dynamic atmosphere of this premier commercial property sale.
Impact - Why it Matters
This news matters as it highlights the demand for high-quality retail assets in the vibrant Koreatown neighborhood of Los Angeles. The successful sale will contribute to the continued growth and success of the area's commercial landscape, impacting the local economy and real estate market.
Summary
WESTMAC Commercial Brokerage Company has arranged the partial interest sale of 3450 W 6th Street in Los Angeles, California for $18.3 million. The property, known as Kenmore Plaza, is a multi-tenant strip center with a long history of success among its tenants, located in the heart of Koreatown. T.C. Macker, CCIM, Luke Palmo, and Woody Cook of WESTMAC Commercial Brokerage Company, along with Susan Lau and Eric Sackler of Coldwell Banker Commercial, represented the seller in this transaction.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Premier Commercial Property in Koreatown Sold for $18.3 Million
