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Charles Dunn Company Completes $4.2 Million Retail Sale; $1200 price per square foot sets new precedent for W. Hollywood.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  & WEST HOLLYWOOD West Hollywood

A community of southern California northeast of Beverly Hills. It is mainly residential. Population: 36,600.
, Calif. -- Charles Dunn Company, a full-service commercial real estate firm, has sold a 3,500 SF retail building for approximately $4.2 million located on N. Robertson Blvd. in West Hollywood, Calif. The building's major tenants include Jonathan Kent Gallery and Anticini Gallery.

Jonathan Ahron of the Retail Services Group in Charles Dunn's West Los Angeles
  • West Los Angeles, Los Angeles, California, a neighborhood of Los Angeles
  • West Los Angeles (region), a popularly identified region of Los Angeles, incorporating the neighborhood above
 office represented both the buyer, Robertson 46 LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 and the seller, Nathan Goller Revocable Trust Revocable Trust

A trust whereby provisions can be altered or cancelled dependent on the grantor. During the life of the trust, income earned is distributed to the grantor, and only after death does property transfer to the beneficiaries.
.

"We believe this transaction has broken a record within the City of West Hollywood for one of the highest sales based on a price per square foot basis at $1200 per foot," said Ahron. "Located on a corner lot with parking located in the rear of the property, the property offers unique character and architecture in an area that has appreciated exponentially within the last five years."

About Charles Dunn

Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset management, corporate and construction advisory as well as financial services to tenants, owners, investors and developers. Charles Dunn Company maintains offices in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or , West Los Angeles, Seal Beach, Sacramento, San Diego, Woodland Hills, Studio City, San Francisco, Newport Beach and Phoenix. For more information, please visit www.charlesdunn.com.
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Publication:Business Wire
Date:Apr 19, 2005
Words:248
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