Westside

Commercial Real Estate

For Sale in Los Angeles – Commercial Retail Building Along Venice Boulevard


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New Listing for a 2-unit retail in Los Angeles along Venice Boulevard located at 12820 Venice Boulevard. The property is adjacent Venice, and walking distance to Downtown Mar Vista. Building is currently 100% leased with leases expiring this year. A parking lot is located in the rear of the building.

To find out more info, you can download the property brochure HERE.

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

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.

T.C. Macker PR releases

Just Sold: $2.3M Office Building in West Los Angeles


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Los Angeles, CA – A private seller has sold a two-story West Los Angeles office building in a $2,300,000 off-market deal.

Located at 2330 Westwood Boulevard, the 4,788-square foot, multi-tenant office building was sold at $480 per square foot. Nestled along Westwood Boulevard between major thoroughfares Olympic and Pico Boulevard, the 6,480-square foot lot houses several Mom and Pop tenants.

Abundant walkable store-lined streets and an affluent residential demographic make West Los Angeles a popular retail and office submarket. “West Los Angeles is a highly desirable area for commerce,” said T.C. Macker, CCIM. “A great fit for the buyer who purchased the building as an owner-user.”

T.C. Macker, CCIM and Christian Holland of Coldwell Banker Commercial WESTMAC represented the seller. Eric Sackler of Coldwell Banker Commercial NRT represented the buyer.

Commercial Real Estate

New Listing: Investment Opportunity in Santa Monica’s Silicon Beach


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Pleased to present to you the sale of 2705 Pico Boulevard in prime Santa Monica. The property is a ± 4,130 square foot, two-structure offering with single tenant occupancy located on a ± 9,351 square foot lot. Situated off Pico Boulevard, the heavily trafficked thoroughfare is home to a vibrant community of restaurants and retailers, and is easily accessible to the I-10 freeway and Metro Light Rail. The property is part of a thriving office and retail market surrounded by a dense, affluent residential demographic in the heart of  Los Angeles’ “Silicon Beach.” This is a unique opportunity for an investor looking to acquire property in a highly sought-after, family-friendly, e-commerce driven locale.

For more information, please contact me here. You can download the property brochure from here.

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Commercial Real Estate

New Listing in Beverly Hills: Creative Offices near Restaurant Row


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215 S. La Cienega Blvd
Beverly Hills, CA

Pleased to present the rare opportunity to purchase nearly 12,857-square feet of creative space located steps from Beverly Hill’s Restaurant Row. Designed by award winning architects, 215 South La Cienega Boulevard has been completely renovated with a sleek modern exterior and loft style interior. The property is situated along the major arterial La Cienega Boulevard nearing the intersection of La Cienega and Wilshire Boulevard. The subject property is located on 11,000 square feet of land and consists of three-floors of creative space that includes a combination of various retail, medical and office tenants. The offering is a unique opportunity for investors looking for excellent potential to improve cash flow through leasing or occupy as a partial building user.

Visit 215LaCienega.com for more info.

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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