May
31

Paragon Closes Largest LA County Retail Deal of 2017

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Constructed in the early 1980s, the San Fernando Valley shopping center anchored by Target and Kohl’s traded for roughly $233 per square foot.

Paragon Commercial Group has acquired Northridge Plaza Shopping Center, a roughly 235,000-square-foot asset in Northridge, Calif., from NLSR LP, for $54.7 million, or roughly $233 per square foot.

Greg De Rubeis of LBPM negotiated on behalf of the seller, while Yubin Tao of Investment Real Estate Association represented the buyer…

Paragon Closes Largest LA County Retail Deal of 2017

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