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Los Angeles — Bolour Associates has acquired a retail center in the Silver Lake neighborhood of Los Angeles for $6.5 million. Located at 2829-2843 Hyperion Ave., the center was originally built in 1986 and totals 9,884 square feet. The property was 50 percent leased to a mix of tenants including Pinkberry, Standing Egg Coffee, Cats & Dogs and The Village Vet at the time of sale. Additionally, Bolour plans to complete both exterior capital improvements and interior tenant improvements at the property.
Oron Maher of Maher Commercial Realty represented the seller in the transaction.