Financial News
WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES THE SALE OF KENMORE PLAZA IN KOREATOWN, LOS ANGELES
November 20, 2024 at 03:00 AM EST
WESTMAC Commercial Brokerage Company has arranged the partial interest sale of 3450 W 6th Street in Los Angeles, California.
LOS ANGELES, CA, November 20, 2024 /24-7PressRelease/ -- WESTMAC Commercial Brokerage Company has arranged the partial interest sale of 3450 W 6th Street in Los Angeles, California based on a value of $18.3 million.
3450 W 6th St was a court ordered sale. The building is +/- 14,344 square feet on +/- 26,335 square feet of land in the heart of Los Angeles's Koreatown neighborhood. The property is a multi-tenant strip center with a long history of success among its tenants. The property, known as Kenmore Plaza, is located across the street from the iconic Chapman Plaza.
"We are thrilled to announce the successful sale of this premier commercial property located in the heart of Koreatown, one of Los Angeles' most vibrant and dynamic neighborhoods," said T.C. Macker. "This transaction highlights the continued demand for high-quality retail assets in this thriving area, known for its rich cultural diversity, robust foot traffic, and strong economic potential. We're proud to have facilitated a sale that will not only benefit the buyer and seller but also contribute to the continued growth and success of Koreatown's commercial landscape."
T.C. Macker, CCIM, Luke Palmo, and Woody Cook of WESTMAC Commercial Brokerage Company and Susan Lau and Eric Sackler of Coldwell Banker Commercial represented the Seller in this transaction.
About WESTMAC Commercial Brokerage Company
WESTMAC Commercial Brokerage Company is a Los Angeles based commercial real estate brokerage firm founded in 1988 by one of L.A.'s most recognized commercial real estate brokers Timothy C. Macker. Our firm is a full-service real estate company that provides exemplary consultation, advisory and marketing services to property owners, users, developers and investors. From 2001 until 2018, the company was affiliated with and a franchisee of Coldwell Banker Commercial before returning to its roots, as WESTMAC Commercial Brokerage Company.
Our 30+ professionals specialize in four distinct market niches: office, industrial, retail and multi-family properties. Among the primary services the firm provides are exclusive marketing of both for-sale and for-lease properties, representation of tenants seeking to lease commercial space, and consultation to real estate investors, developers and owners on the disposition or acquisition of commercial property.
Our standard is "The client's best interest must be the guiding force behind all services."
Related Link:
https://www.westmac.com
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