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Los Angeles retail property sells for $18.95 million

from Retail Traffic

Hanley Investment Urban Retail Advisors negotiated the sale of a 55,000-sq.-ft. retail property in Los Angeles for $18.95 million. The property is located on the ground floor of a mixed-use development called Market Lofts. The retail building was completed in 2007 and is currently fully occupied. Tenants include Ralphs Fresh Fare, Coffee Bean & Tea Leaf, Quiznos, Robeks, Simply Salad, Supercuts and The UPS Store. more


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