Coldwell Banker Commercial WESTMAC

Commercial Real Estate

For Sale in Santa Monica – Commercial Building & Residential Bungalow


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Coldwell Banker Commercial WESTMAC, as exclusive agents, are pleased to present for sale or lease, 1820 Broadway. 1820 Broadway consists of two freestanding buildings – a highly visible, approximately 2,500-square foot, modernly designed commercial building that can cater to a wide range of uses including retail, office, creative, and entertainment purposes, and a separate single-family residential cottage made up of approximately 625-square feet. The offering totals about 3,125-square feet on approximately 5,000-square feet of land. The entire property is currently vacant.

1820 Broadway is located one block south of Santa Monica Boulevard, at the southeast corner of Broadway and 18th Court. The property fits seamless among the Broadway corridor made up of aesthetically upgraded and well-maintained buildings that house various retailers, offices, restaurants and entertainment companies. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity. 1820 Broadway is located less than 1.5 miles from Downtown Santa Monica and popular tourist destinations that draws thousands of visitors on a daily basis.

You can get the property brochure here.

 

Commercial Real Estate, T.C. Macker PR releases

Just Sold – 11669 Santa Monica Blvd in West LA


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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $4.7 MILLION SALE OF MEDICAL-OFFICE BUILDING IN WEST LOS ANGELES, CA

Los Angeles – Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000.

A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible property occupies ± 8,028-square feet of land. The property sold to an owner-user dermatologist group.

“We have multiple offers on the property,” T.C. Macker, CCIM said. “Ultimately we found the perfect owner-user buyer.”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC and Brian Hatkoff of Hatkoff Investments represented both the Buyer and Seller.

Commercial Real Estate

For Sale in Santa Monica – Mixed Use along Santa Monica Boulevard


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New Listing for sale in Santa Monica at 3101-3105 Santa Monica Boulevard. The property is a 2-story mixed-use building with dedicated rear parking lot. The property has been home to ski industry’s iconic retail store Doc’s Ski & Sport for more than 60 years and includes 2 upstairs apartment units.

For more information, you can download the property brochure here.

Commercial Real Estate

Just Sold – Commercial Building at 3026 & 3040 Panola Road


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Coldwell Banker Commercial WESTMAC has arranged the sale of 3026 & 3040 Panola Road for $1,570,000. The commercial building was purchased for long term investment.

Sales Price:  $1,570,000

Building Size: 4,500 SF

Land Size: 1.255 acres

Cap Rate: +/- 6.77%

T.C. Macker, CCIM and Daniel Park of Coldwell Banker Commercial WESTMAC represented both Buyer and Seller.

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $7 MILLION SALE OF COMMERCIAL PROPERTY IN WEST LOS ANGELES, CA


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Coldwell Banker Commercial WESTMAC has arranged the sale of 2435 Military Avenue in West Los Angeles for $7,000,000.

A private seller has sold a ±12,336-square foot two-story creative office building located near the corner of Military Avenue and Pico Boulevard. The property sits on ±18,600-square feet of land and was formerly occupied by a reprographics company.

“The property was purchased by 1031-exchange Buyer,” said T.C. Macker, CCIM.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC, Michael Mikail and Joe Babajian of Rodeo Realty represented both the Seller and Buyer.

 

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $12.35 MILLION SALE OF RETAIL CENTER IN SANTA MONICA, CA


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Coldwell Banker Commercial WESTMAC has arranged the off-market sale of 2822-2840 Santa Monica Boulevard in Santa Monica for $12,350,000.

A family trust has sold the ±13,752-square foot multi-tenant retail center located at the corner of Yale Street and Santa Monica Boulevard.

“The property sold for less than a 3% cap rate,” T.C. Macker, CCIM said.

T.C. Macker, CCIM and Christian C. Holland of Coldwell Banker Commercial WESTMAC represented both the Seller and Buyer.

Commercial Real Estate

New Listing For Sale – South Los Angeles


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7000 South Western Avenue is being offered for sale to an owner-user who understands the revenue potential from event space rental and the club business. Located 2 miles from the under construction Los Angeles Entertainment Center/Stadium in Inglewood, the property is ideally configured as an events and entertainment venue; and offers a reception/coat check area, VIP lounge, bar/food service area and various rooms which could be utilized as offices or as extensions to the venue. The property provides front access from Crenshaw Boulevard and rear access from the large and secure parking lot. There is also enclosed garage space for 4 vehicles. The current use of the property is listed as a club and there is a significant value-add component to the buyer willing to obtain a liquor license (buyer to verify with ABC and the city regarding these matters).

For more information, you can download the property brochure here.

 

Commercial Real Estate

Just Sold: 2705 Pico Blvd in Santa Monica


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2705 Pico Blvd | $2.65M
Santa Monica, CA

Coldwell Banker Commercial WESTMAC has arranged the sale of 2705 Pico Boulevard in Santa Monica for $2,650,000.

An investor in a 1031 exchange has purchased the 4,130-square foot two-structure retail building from a private Trust. The property is home to a single-occupant pre-school on a long-term lease.

“The property sold for a very aggressive cap rate at approximately 2.8%.” T.C. Macker, CCIM said.

The subject property resides along Pico Boulevard, which is home to a vibrant neighborhood full of pedestrian friendly sidewalks and plenty of walkable restaurants and retailers, including Trader Joes and Whole Foods.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller. Ernie Farhat of Sanjo Investments represented the Buyer.

Commercial Real Estate, CRE News, T.C. Macker PR releases

T.C. MACKER EARNS COLDWELL BANKER COMMERCIAL® #2 PRODUCER AWARD FOR NORTH AMERICA


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Los Angeles, CA (March 23, 2017) – T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC has been named the #2 Producer in 2016 for Coldwell Banker Commercial® from among nearly 3,000 commercial professionals* in North America (U.S. and Canada). Mr. Macker is also #1 Producer for the State of California and a Platinum Circle of Distinction winner for 2016.

Timothy Macker, CEO of Coldwell Banker Commercial WESTMAC said, “I’m extremely proud of T.C., who has continuously distinguished himself amongst his peers nationwide. His hard work, dedication and leadership of the company has not only made a tremendous impact in our industry, but has also helped make Coldwell Banker Commercial WESTMAC the #1 office in the State of California.”

T.C. Macker, CCIM has been awarded “Circle of Distinction” by Coldwell Banker Commercial from 2004 to 2016. Mr. Macker was top 1% in the world for Coldwell Banker Commercial in 2015 and a Platinum Distinction winner. Further, Mr. Macker was ranked #3 in the world out of 3,200+ agents for 2015, #7 for 2014, #3 for 2013 and #4 for 2012. He is an active member of CCIM (Certified Commercial Investment Member) for over 12 years. On a national level, Mr. Macker is on the CBC Advisory Board representing the California Region.

^Coldwell Banker Commercial Sales Professionals are independent contractors.

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.

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

About Coldwell Banker Commercial Affiliates A subsidiary of Realogy Holdings Corp., the world’s leading real estate franchisor, Coldwell Banker Commercial® Affiliates is a worldwide leader in the commercial real estate industry. The Coldwell Banker Commercial organization is part of the oldest and most respected national real estate brand in the country, which was founded after the San Francisco earthquake of 1906 by Colbert Coldwell, who was later joined by Benjamin Banker. Each office is independently owned and operated. For more information, visit: www.cbcworldwide.com.

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