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Recent Retail Property Sales Demonstrate Keen Investor Interest in Los Angeles

CoStar Insight: Investment Market Remains Active Through 2019
The Melrose Place shopping center sold in October for $47.7 million, or more than $3,182 per square foot. (CoStar)
The Melrose Place shopping center sold in October for $47.7 million, or more than $3,182 per square foot. (CoStar)
CoStar Analytics
February 28, 2020 | 9:43 P.M.

Strong transaction volumes persist in the Los Angeles retail market, topping $4.8 billion in completed sales last year. Continuing an upward trend over the past decade, Los Angeles came in second nationally for total retail investment volume in 2019, behind only New York.

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