A Smooth Transaction Provides Strong Sale for Owner and Sound Acquisition for Buyer
REZA Investment Group Inc. is pleased to announce the sale of Commerce Corner located at 2440- 2482 Atlantic Boulevard in the City of Commerce, CA. Commerce Corner is a newly rehabilitated neighborhood shopping center located at the heavily trafficked intersection of Atlantic Boulevard and Washington.
H&A Commerce, L.P. recently acquired the property for $12.4 Million from Investwest Group, LLC. This mixed-use center is occupied by 26 tenants and includes approximately 44,562 square feet of gross leasable area.
"Despite the volatile and difficult capital market environment, we were able to manage a smooth transaction providing a strong sale for the previous owner and a fundamentally sound acquisition for the buyer."
Reza Etedali
CEO and Founder of REZA Investment Group Inc.