Colliers International Completes a 2,528-Square-Feet Retail Sale for $1.222 Million in Lomita, Calif.
Lomita, CA – September 21, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, has completed the sale of a 2,538-square-feet property located at 2005 Lomita Blvd., Lomita, Calif. The transaction is valued at $1.222 million.
The property is located on the corner of Lomita Blvd. and Eshelman Ave. and has NNN corporate guaraunteed lease, occupied by 7-Eleven.
Kathleen A. Silver, CCIM, Senior Vice President, based in Colliers International’s West Los Angeles office represented the Buyer, The Arasheben Family Trust, a private investor. The Seller was also a private investor, Evercore Trust Company, N.A.
“With the velocity of money at the lowest level in over 30 years, investors are actively pursuing all cash opportunities with low management in California with stable income through corporate guaranteed leases.” said Silver.
About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.
Since 1908, Colliers has stood at the forefront of the Los Angeles real estate industry. Today, Colliers operates seven offices throughout Greater Los Angeles, including Downtown Los Angeles, Orange County, Inland Empire, South Bay, San Fernando Valley, Santa Clarita and Commerce. Follow us at www.twitter.com/colliersgla.
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Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258
angela.hwang (at) colliers (dot) com
Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA
www.colliers.com
