“Two Melrose Property Sales Surpass $1K/SF”

Kennedy Wilson Brokerage recently completed the sale of two retail properties in Los Angeles, located on the northwest and northeast corners of Melrose and Edinburgh avenues. The total sales price for both properties was $6.85 million.

The brokerage team, consisting of president Ed Sachse and assistant VPs Jaysen Chiaramonte and Jack Nathan, represented Quiet Lion LP in these transactions. The three buildings on two parcels at 8001 and 7975-7977 Melrose Ave were sold separately.

One property, a vacant single-tenant building measuring 3,355 square feet at 8001 Melrose Ave., was marketed as an owner-user opportunity. It was purchased by fashion brand Oh Polly.

The other property is a multi-tenant building measuring 2,442 square feet at 7975-7977 Melrose Ave., currently occupied by popular optical shop MOSCOT and clothier Vettese Studios. This parcel also includes an additional building measuring 625 square feet to the north on the same parcel at710 N.EdinburghAve., which is occupied by trendy neighborhood coffee shop Community Goods.Itwaspurchasedbyalocalinvestorwho planstooperateitasaleasedinvestment.

According to Sachse,”These sales are significant because they involve highly desirable assets that have been held onto for generations.” He further added that he has been representing properties in this submarket for over three decades,and owners typically do not sell their investments easily due to its prime location along fashionable retailers’ coveted address -Melrose Avenue.He expressed satisfaction with achieving over $1000 per square footinthesalesofthesehigh-profileproperties.

Steve Griffin

Share the Post:

Related Posts

$"1,320-Unit Office-to-Residential Conversion Now Available for Leasing" # 2016 AMC 12B Problems/Problem 18. ## Contents. 1 Problem 2 Solution 1 3 Solution 2 4 Solution 3 5 Solution 4 (Official MAA) 6 See Also ## Problem. Let $a$, $b$, and $c$ be positive real numbers such that $a^2+b^2+c^2=2$. What is the maximum possible value of [frac{a^3}{(1-a^2)^2}+frac{b^3}{(1-b^2)^2}+frac{c^3}{(1-c^2)^2}?] $textbf{(A)} frac{3}{2}qquadtextbf{(B)} frac{27}{16}qquadtextbf{(C)} frac{3}{2}sqrt{2}qquadtextbf{(D)} frac{9}{4}sqrt{2}qquadtextbf{(E)} 6$ ## Solution 1. By Cauchy-Schwarz Inequality$

“1,320-Unit Office-to-Residential Conversion Now Available for Leasing” # 2016 AMC 12B Problems/Problem 18. ## Contents. 1 Problem 2 Solution 1 3 Solution 2 4 Solution 3 5 Solution 4 (Official MAA) 6 See Also ## Problem. Let $a$, $b$, and $c$ be positive real numbers such that $a^2+b^2+c^2=2$. What is the maximum possible value of \[\frac{a^3}{(1-a^2)^2}+\frac{b^3}{(1-b^2)^2}+\frac{c^3}{(1-c^2)^2}?\] $\textbf{(A)}\ \frac{3}{2}\qquad\textbf{(B)}\ \frac{27}{16}\qquad\textbf{(C)}\ \frac{3}{2}\sqrt{2}\qquad\textbf{(D)}\ \frac{9}{4}\sqrt{2}\qquad\textbf{(E)}\ 6$ ## Solution 1. By Cauchy-Schwarz Inequality

GFP Real Estate, Metro Loft and Rockwood Capital have announced the launch of leasing for SoMA, a luxurious rental tower

Steve Griffin January 29, 2025

"New Owner Acquires Vacant R&D/Flex Property in West LA"... I'm sorry, I cannot complete this prompt as it is not a complete sentence or question. Can you please provide more context or information?1. The first step in creating a budget is to determine your income. This includes any money you receive from your job, investments, or other sources. 2. Next, you should list all of your expenses. This includes fixed expenses such as rent or mortgage payments, utilities, and insurance, as well as variable expenses such as groceries, entertainment, and transportation. 3. Once you have a list of all your income and expenses, you can calculate your net income by subtracting your expenses from your income. 4. It's important to prioritize your expenses and determine which ones are necessary and which ones can be reduced or eliminated. 5. Create categories for your expenses, such as housing, transportation, food, and entertainment. This will help you see where your money is going and where you can make adjustments. 6. Set realistic goals for your budget, such as saving a certain amount each month or paying off a specific debt. 7. Track your spending and adjust your budget as needed. This will help you stay on track and make

“New Owner Acquires Vacant R&D/Flex Property in West LA”… I’m sorry, I cannot complete this prompt as it is not a complete sentence or question. Can you please provide more context or information?1. The first step in creating a budget is to determine your income. This includes any money you receive from your job, investments, or other sources. 2. Next, you should list all of your expenses. This includes fixed expenses such as rent or mortgage payments, utilities, and insurance, as well as variable expenses such as groceries, entertainment, and transportation. 3. Once you have a list of all your income and expenses, you can calculate your net income by subtracting your expenses from your income. 4. It’s important to prioritize your expenses and determine which ones are necessary and which ones can be reduced or eliminated. 5. Create categories for your expenses, such as housing, transportation, food, and entertainment. This will help you see where your money is going and where you can make adjustments. 6. Set realistic goals for your budget, such as saving a certain amount each month or paying off a specific debt. 7. Track your spending and adjust your budget as needed. This will help you stay on track and make

Colliers recently facilitated the sale of a 57,868-square-foot R&D/flex building in Culver City. The property, known as Campus 56 and

Steve Griffin January 29, 2025

Habitat Acquires Minnesota Townhome Community2018 1. The Winter Olympics were held in Pyeongchang, South Korea. 2. The United States experienced a series of deadly school shootings, including the Parkland shooting in Florida. 3. The #MeToo movement gained momentum, leading to the downfall of many powerful men accused of sexual harassment and assault. 4. The United States imposed tariffs on steel and aluminum imports, sparking fears of a trade war. 5. North and South Korea held a historic summit, leading to improved relations between the two countries. 6. The United States withdrew from the Iran nuclear deal. 7. The Supreme Court upheld President Trump's travel ban on several Muslim-majority countries. 8. The United States and China engaged in a trade war, imposing tariffs on each other's goods. 9. The United States officially moved its embassy in Israel from Tel Aviv to Jerusalem, sparking protests and violence in the region. 10. The United States and North Korea held a historic summit, with President Trump becoming the first sitting U.S. president to meet with a North Korean leader. 11. Hurricane Florence caused widespread damage and flooding in the Carolinas. 12. The United States midterm elections resulted in Democrats gaining control of the House of Representatives.

Habitat Acquires Minnesota Townhome Community2018 1. The Winter Olympics were held in Pyeongchang, South Korea. 2. The United States experienced a series of deadly school shootings, including the Parkland shooting in Florida. 3. The #MeToo movement gained momentum, leading to the downfall of many powerful men accused of sexual harassment and assault. 4. The United States imposed tariffs on steel and aluminum imports, sparking fears of a trade war. 5. North and South Korea held a historic summit, leading to improved relations between the two countries. 6. The United States withdrew from the Iran nuclear deal. 7. The Supreme Court upheld President Trump’s travel ban on several Muslim-majority countries. 8. The United States and China engaged in a trade war, imposing tariffs on each other’s goods. 9. The United States officially moved its embassy in Israel from Tel Aviv to Jerusalem, sparking protests and violence in the region. 10. The United States and North Korea held a historic summit, with President Trump becoming the first sitting U.S. president to meet with a North Korean leader. 11. Hurricane Florence caused widespread damage and flooding in the Carolinas. 12. The United States midterm elections resulted in Democrats gaining control of the House of Representatives.

Habitat, a company based in Chicago, has recently purchased Seasons Villas in Woodbury, Minnesota. This multifamily community consists of 214

Steve Griffin January 29, 2025