Colliers International Completes a 3,080-Square-Feet Medical Office Sale for $1.7 Million in Los Angeles
Los Angeles, CA – May 3, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, has completed the sale of a 3,080-square-feet medical office building located at 8158 Beverly Blvd. Los Angeles, Calif. The transaction is valued at $1.7 million.
Built in 1950, the property is a single-story medical office building located on Beverly Blvd between La Cienega & Crescent Heights. It occupies 3,080 square feet on 5,489 square feet of land and offers 10 parking spaces.
Kathleen A. Silver, CCIM, Senior Vice President, based in Colliers International’s West Los Angeles office represented the buyer, Blufrog REI 8158 Beverly, LLC. The seller, The Schonfield Family Trust, was represented by Brad Conroy of Conroy Commercial.
“At long last, Blufrog REI 8158 Beverly, LLC finds a medical building after an in-depth 2 year search,” said Silver. “The area has a supportive medical community with Cedars Sinai Medical Center less than a mile away. This was a unique opportunity with very little product available of its kind.”
Contact:
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
