Commercial Real Estate

Consulate buys office building in Beverly Hills


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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $3.5 MILLION OFFICE SALE TO USER IN BEVERLY HILLS, CA

August 31, 2012

BEVERLY HILLS, CA – A private seller has sold its Beverly Hills office building at 120 S. Doheny Drive for $3,500,000 to an owner/user foreign consulate which will occupy the building.

“We found a cash buyer that was a perfect fit for the property.” Craig Newlands said. The building size is 5,360 square feet and sits on a 4,373 square foot lot. And Mr. Newlands added “Additionally, we moved the Seller to a lease in a Class A office building in Brentwood.”

The team of Craig Newlands, CCIM and <a href="mailto:tcmacker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller, 120 South Doheny Drive, LLC. Jon Haider of Home Sweet Home Realty represented the buyer, Consulate General of the Islamic Republic of Afghanistan in Los Angeles.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

T.C. Macker PR releases

Coldwell Banker Commercial WESTMAC sells owner/user building near Downtown Los Angeles


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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $1.625 MILLION OFFICE SALE TO USER NEAR DOWNTOWN LOS ANGELES

LOS ANGELES, CA – A national magazine publisher has sold its Los Angeles office building at 2401 Beverly Boulevard for $1,625,000 to an owner/user entertainment production company which will occupy the building.

“We sold the building next door for the same owner last year.” Michael Rojas said. The building size is 9,900 Square Feet and sits on a 24,524 Square Foot lot. And Mr. Rojas added “Additionally, the property is located near Downtown and the Downtown Center Studios.”

The team of Michael Rojas, <a href=”mailto:althouse, and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller, 2401 Beverly LLC. Bob Pearson of Madison Partners represented the buyer, Beverly and Rampart LLC.

About Coldwell Banker Commercial WESTMAC and affiliates

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

Commercial Real Estate

12 Unit Apartment Building sells in Montebello, CA


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12 Unit Apartment Building sells in Montebello, CA

July 23, 2012

MONTEBELLO, CA – A trust sold 854-856 Date Street for $1,225,000 to a private investor.

“We had over 10 offers – many with very attractive price and terms. Ultimately the chosen buyer closed all cash above list in three weeks.” Trevor Julian said. “The beneficiaries of the sales proceeds were two East Coast universities” Mr. Julian added.

The team of Trevor Julian and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller and the Buyer.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

www.westlacommercial.com

Commercial Real Estate

Office Building Trades in West Los Angeles


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FOR IMMEDIATE RELEASE

Office Building Trades in West Los Angeles

June 26, 2012

Los Angeles, CA – A partnership sold 8931 Ellis Avenue for $4,500,000 to an owner-user entertainment company.

The 3-story building 18,000 square foot office building was completed in 2011 by HWI, a highly regarded construction company.

“The buyer intends to occupy the building” T.C. Macker said. “The buyer purchased a brand new building across from the recently completed expo line station at Robertson and Venice” added Lee Polster.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller and Lee Polster of Travers Realty represented the Buyer.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

Commercial Real Estate

Sale Two Buildings in Hollywood and Bell Gardens


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FOR IMMEDIATE RELEASE

COLDWELL BANKER COMMERCIAL WESTMAC SELLS TWO SMALL BUILDINGS IN HOLLYWOOD AND BELL GARDENS

June 13, 2012

HOLLYWOOD, CA – A private investor sold 4429 Fountain Avenue for $415,000 to an owner-user.

“The buyer is a non-profit group that teaches people how to fix their own bicycles” Michael Rojas said.

The team of William Althouse, Michael Rojas and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller and Meredith McKenzie of Keller Williams Realty represented the Buyer.

AND

BELL GARDENS, CA – A private investor sold 8059 Eastern Avenue for $346,000 to a private investor.

“The property included a mix of retail and apartment units” Michael Rojas said.

The team of Michael Rojas and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller and Hongchul Chun of Re/Max represented the Buyer.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

Commercial Real Estate

Trophy Retail Property Sells in West Hollywood


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COLDWELL BANKER COMMERCIAL WESTMAC ANNOUNCES $2.65 MILLION SALE IN WEST HOLLYWOOD

June 7, 2012

West Hollywood, CA – A local investor group sold the property known as “Vanessa Bruno store” at 8448 Melrose Avenue for $2,625,000 to New York based private investor.

The 2,571 square foot leased single tenant retail building sold for over $1,000 per square foot.

“We had multiple offers and great interest for this trophy retail asset” T.C. Macker, CCIM said.

William Althouse of Coldwell Banker Commercial WESTMAC represented the Buyer and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”

http://www.westlacommercial.com

Commercial Real Estate

$4.3 million sale in Santa Monica


COLDWELL BANKER COMMERCIAL WESTMAC ANNOUNCES $4.3 MILLION SALE IN SANTA MONICA

May 15, 2012

SANTA MONICA, CA – A pension fund advisor has sold the property known as 1318 Lincoln Boulevard in Santa Monica for $4,300,000 to local mixed-use developer.

The property has a 6,600 square foot office building on the site but was vacant at close of escrow. The lot size is 15,000 square feet.

“The property was purchased in an ‘off market’ transaction” T.C. Macker, CCIM said.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented Buyer and Bryan Dunne at CBRE represented the Seller.

About Coldwell Banker Commercial WESTMAC

Coldwell Banker Commercial WESTMAC 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. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.

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.

The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.

Our standard is “The client’s best interest must be the guiding force behind all services.”