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Canadian Investor Buys Triangle Center Retail Property

Trust Trades 16,000-SF Bldg for $17.5M
February 27, 2018
Bastion Development Corp. acquired the Triangle Center retail strip at 12717-12761 Washington Blvd. in Los Angeles, CA from a living trust for $17.5 million, or approximately $1,085 per square foot.

Built in 1945, the single-story, 16,128-square-foot retail center sits on 1.1 acres in the Marina Del Rey / Venice retail submarket of Los Angeles County.

Alex Kozakov, Patrick Wade and Neal Golub of CBRE represented the seller. Mary Cronin with Urban Real Estate represented the buyer.

Please refer to CoStar COMPS #4141621 for more information on this transaction.
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