Commercial Real Estate

Investor buys in Beverly Hills


FOR IMMEDIATE RELEASE

COLDWELL BANKER COMMERCIAL WESTMAC ANNOUNCES $2 MILLION RETAIL SALE IN BEVERLY HILLS

May 25, 2011

BEVERLY HILLS, CA – A private owner has sold its 3,800 SF building at 209 South Robertson Boulevard for $2,150,000 to an overseas investor.

The one-story free-standing retail building was built in 1952 and was vacant at time of sale. The building is a former showroom for a classic car reseller.

“There is great buyer demand for street retail in first class locations.” James Stanfill said.

James Stanfill, Patrick Sheekey and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented both Buyer and Seller.