header_bar

Free-Newsletter
 
Print Magazine sign up here
We want your news! Submit Here
 
Last Updated ( Tuesday, 29 July 2014 15:46 )
DATE_FORMAT_LC2=Tuesday,July 29 2014 12:00:00 am EDT   
CBRE Arranges Sale of Maywood Village Square in California for $11.5 Million

Maywood-Village-Square sm webCBRE represented the seller, a partnership led by Santa Monica, Calif.-based Watt Companies, in the sale of Maywood Village Square for $11.5 million.Maywood, Calif. – CBRE has brokered the sale of Maywood Village Square, a 48,324-square-foot convenience strip center located in Maywood, for $11.5 million. The center is anchored by O'Reilly Auto Parts, Subway, US Bank, Yoshinoya, Western Dental Services and a new Fitness 19 health club, which will occupy nearly 9,000 square feet of the property. The property was 94 percent occupied at the time of sale.

CBRE's Philip Voorhees, Jimmy Slusher, Richard Rizika, Megan Read, Brad Rable, Matt Burson and John Read represented the seller, a partnership led by Santa Monica, Calif.-based Watt Companies. The buyer, also represented by CBRE, was a Los Angeles-based private investor.

Developed in 1991 by the Watt Companies, Maywood Village Square is a wholly owned 3.73-acre site with access from Slauson Avenue. The retail center was encumbered by a non-recourse CMBS (Nomura Capital & Credit, Inc.) loan maturing in October 2013, which the buyer assumed.

 

 — Scott Reid

 

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.