Hollandease Investment LLC purchased the retail center at 9409 Telegraph Road in Pico Rivera, CA. The 37,716-square-foot property was built in 1959 and sits on 2.14-acres. The total value of the sale was $2.7 million or $72 per square foot with a cap rate of 7.68 percent. Armik Mikailian of Coldwell Banker Real Estate represented Hollandease and the sellers, Yoram and Shadi Pourtavosi.