Feb
25
HFF Arranges $23M Sale of SoCal Retail Property
ByA 32,873-square-foot Sprouts Farmers Market store recently changed hands in Los Angeles County.
Sprouts Farmers Market store in Culver City, Calif.
Los Angeles—HFF recently closed the sale of a single-tenant Sprouts Farmers Market location in Culver City, Calif., in a deal worth $23.5 million.
An HFF investment sales team led by Gleb Lvovich, Nick Foster, CJ Osbrink and Bryan Ley secured the transaction on behalf of the seller, Niki Properties. The 32,873-square-foot asset was acquired by an undisclosed buyer at a record price for a single-tenant Sprouts store, according to the Pittsburgh-based broker…
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