CBRE Arranges $17.5 Million Sale of Shopping Center in Los Angeles

by Camren Skelton

Los Angeles — CBRE has arranged the $17.5 million sale of Triangle Center, a 16,128-square-foot strip retail center located in Culver City and Los Angeles.

The property, which cuts across the Los Angeles and Culver City boundaries, is home to four single-unit tenants and a freestanding 99 Cents Only store. Alex Kozakov, Patrick Wade and Neal Golub of CBRE arranged the transaction on behalf of the seller, private investor Triangle Center LLC. Mary Cronin of Urban Real Estate Investment represented the buyer, Bastion Development Corp.

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