Safco Capital Acquires 1.25-Acre Retail Parcel in West Hollywood for $25.2 Million

by Alex Tostado

West Hollywood, Calif. — Safco Capital Corp. has purchased a retail parcel, located at 8330 W. Santa Monica Blvd. in West Hollywood, California. Mayfair Realty sold the asset for $25.2 million. A 17,833-square-foot Gelson’s Market occupies the building situated on the 1.25-acre site. David Swartz of Crosbie Gliner Schiffman Southard & Swanson represented the buyer in the deal, which was structured as a sale-leaseback transaction.

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