El Segundo, CA-based commercial real estate brokerage firm Beta Agency has completed the sale of a former Rite Aid in Garden Grove, CA. MK Capital Partners GG, LLC purchased the building from an LA-based private family trust for $5.33 million. The property consists of the former 27,650-square-foot Rite Aid store
Commercial real estate brokerage and advisory firm Beta Agency has completed the sale of Lawndale Plaza, a Smart & Final-anchored shopping center in Lawndale, CA. An undisclosed buyer purchased the property from a private shopping center owner for $14 million in a 1031 exchange. “The buyer acquired Lawndale Plaza because
Pent-up consumer demand will be the wind that fills the sails of the retail leasing market, carrying it relatively gracefully through the looming recession. That was the common thread being pulled by dealmakers of the retail world at the Innovating Commerce Serving Communities (ICSC) New York convention on Wednesday as brokers said that, even