Kidder Mathews Brokers $18.1 Million Sale of LA Fitness-Occupied Property in Suburban Los Angeles

Baldwin Park, Calif. — Kidder Mathews has arranged the sale a 45,000-square-foot retail property occupied by LA Fitness at 13822 Garvey Ave. in Baldwin Park, an eastern suburb of Los Angeles. A private family investor sold the property to an undisclosed buyer for $18.1 million in a 1031 exchange transaction. Tanel Harunzade, Darrell Levonian and Brittney McCarthy of Kidder Mathews represented the seller in the deal, while Janet Neman and Angelica Gotzev of Kidder Mathews represented the buyer.