Thursday, February 24, 2011

Charles Dunn Company Closes $9.7 Million Retail Sale

Englewood, CO - Michel Hibbert, senior managing director of Charles Dunn Company’s West Los Angeles office, has closed on the sale of a 14,820-squarefoot Walgreens at 123 E. Belleview Ave., in Englewood, Colo. The value of the transaction was $9.725 million.

Hibbert represented buyer Berg & Boyer Family Trust in the transaction. Deerfield Partners represented the seller, Net Leased Development, LLC. The asset was built in 2009.

"With a top-class tenant in a great location, this transaction represents a great investment for the family trust that purchased the asset," Hibbert said.

About Charles Dunn Company

Charles Dunn Company is one of the largest full-service brokerage firms on the West Coast. Established in 1921, the Los Angeles-based company provides a full complement of real estate services. For more information and office locations, please visit www.charlesdunn.com.

No comments:

Post a Comment