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MDC Realty Buys Market Lofts Retail in Downtown L.A.

CIM Sells 55,000-SF Property
By Mary Vinal
February 20, 2013 | 1:10 P.M.

MDC Realty Advisors USA Inc. purchased the Market Lofts Retail, an approximately 55,000-square-foot retail building at 645 W. Ninth St. in Los Angeles, CA, from CIM Group, a real estate and infrastructure investment firm. The property traded for $18.95 million or $345 per square foot.

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