Black Sox LLC from Sherman Oaks, CA, sold Cruse Crossing, an 81,666-square-foot neighborhood center, to CA Plaza LLC out of Los Angeles for $12.02 million, or about $147 per square foot. The property was fully leased at the time of sale with a net operating income of about $809,811, representing a 6.74% buyer's cap rate.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
950 Herrington Rd, Lawrenceville, GA