WESTMAC Commercial Brokerage Company and Beitler Commercial Realty Services have arranged the sale of 11860 Wilshire Boulevard in Los Angeles, California for $11,500,000.
11860 Wilshire Boulevard sold to an owner/user. The building is +/- 15,714 square feet on +/- 18,731 square feet of land in Los Angeles’ Brentwood neighborhood. The property is a free-standing multi-tenant medical building situated at the bustling signalized intersection of Wilshire Boulevard and Westgate Avenue, where more than 44,000 vehicles travel past daily.
“This transaction is notable within Los Angeles’s real estate market, reflecting the ongoing demand for healthcare-related properties in prime locations,” said T.C. Macker. “such sales highlight buyer confidence in the stability and growth potential of the healthcare sector, especially in affluent areas.”
T.C. Macker, CCIM, and Woody Cook, of WESTMAC Commercial Brokerage Company, and Willa McNamarra Fields and Jim Burnap of Beitler Commercial Realty Services teamed up to represent the Seller in this transaction. The Buyer was represented by Jeff Lipson and Aaron Twersky at Wilshire Advisory Group.
