Livonia, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of L.A. Plaza, a 34,965-square-foot retail center located in the Detroit suburb of Livonia.
The single-story, L-shaped building is located at 36083-36175 Plymouth Road. The center is 60 percent occupied by tenants including Lily Nails, The Hair Doctor, Cozy Corner Café, Quizno’s Subs, The Jewelry Factory, KDI and The Bike Tri Shop.
CRE REO LLC – Gearing Capital Partners sold L.A. Plaza to Cantor Real Estate Income and Opportunity Fund II LLC for an undisclosed price through Auction.com. Rich Deptula and Josh Miller of Friedman represented both parties in the transaction.