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Culver City, Calif. — Niki Properties has sold a single-tenant, 32,873-square-foot building fully leased to Sprouts Farmers Market in Culver City to an undisclosed buyer for $23.5 million.
Gleb Lvovich, Nick Foster, CJ Osbrink and Bryan Ley of HFF represented the seller in the transaction. The building is located across the street from Westfield Culver City, a 1 million-square-foot regional mall, 10 miles west of downtown Los Angeles.