United States, California, Los Angeles – 07-22-2022 (PR Distribution™) –
WESTMAC Commercial Brokerage Company arranged the sale of 6200 Manchester Avenue, in Los Angeles, California for $2,448,000, or $575 per square foot.
Built in 1948, 6200 W. Manchester Avenue is a ± 4,254 square foot retail building situated on ± 6,129 square feet of land at the signalized intersection of Manchester Avenue and Truxton Avenue. The property is part of the Westchester Triangle Commercial Historic District, a small historic district with prominent storefronts in the Commercial Vernacular style, in the Westchester neighborhood of Los Angeles, California.
The building features two retail units, display windows, stone brick cladding, and projecting blade signage. One unit was vacant at the time of sale: the former A-A Liquors.
The property sold to a private investor and closed on July 14, 2022.
“We had a lot of interested parties that are attracted to the changing landscape, unmatched exposure, and proximity to ample amenities,” said T.C. Macker, CCIM.
The South Bay region, where the property is located, has been a hotbed for buyer activity thanks to increasing demand from healthcare, biotech, e-commerce, and life science industries, and proximity to Los Angeles International Airport (LAX) and Port of Los Angeles.
Bill Ukropina of Coldwell Banker Commercial and T.C. Macker of WESTMAC Commercial Brokerage Company represented the Seller. Scott Rosenberg of Kidder Mathews represented the Buyer.
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 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.”
For the original news story, please visit https://www.prdistribution.com/news/westmac-commercial-brokerage-company-arranges-2-4-million-sale-of-hard-corner-retail-near-lax-in-los-angeles-ca/9230371.